Residential Income Property with Skyline
For Sale
$275,000
1753 W STREET SE Unit B, Washington, DC 20020
The condominium offers open-concept living and oversized windows in Washington, DC’s Anacostia neighborhood.
Property Size717 SF
Price / SF$383.54
Days on Market132
Property Features for 1753 W STREET SE Unit B
General Information
Standard status
Active
Size
717 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Skyland
Taxes and HOA fees
Annual Taxes
$1,219
Building Details
Building Size
717 SF
Year Built
2011
Listing Agency:
Compass
Listed By:
Melanie Casanova · License #SP98374315
(240) 893-9812
Source:
Kartaproperties
Added: Jun 21
Changed: Oct 27
Last Checked: Oct 26 at 4:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 717-square-foot condominium unit was built in 2011 and features an open-concept layout, oversized windows, modern finishes, and views of the city skyline. It is part of The W Street Condominiums in Anacostia, Washington, DC.
The property is near the Anacostia Arts Center, the Frederick Douglass National Historic Site, and Anacostia Park. The listing also notes access to downtown DC via Metro and walkable neighborhood streets.
The property is near the Anacostia Arts Center, the Frederick Douglass National Historic Site, and Anacostia Park. The listing also notes access to downtown DC via Metro and walkable neighborhood streets.
Key Highlights
- 717‑square‑foot condominium unit
- Built in 2011
- Open‑concept layout with oversized windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,319
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,380
$226.4K
Cap Rate 7%
$161,700
$161.7K
Cap Rate 9%
$125,767
$125.8K
Market Conditions
NOI Build-Up for 717 SF
Gross rent
$21.9K $30.60/SF
− Vacancy
−$1.4K −$1.90/SF
EGI
$20.6K $28.70/SF
− OpEx
−$9.3K −$12.92/SF
NOI
$11.3K $15.79/SF
Area
ZIP 20020
Vacancy
6.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,380
Cap Rate 7%
$161,700
Cap Rate 9%
$125,767
Alternative Uses
Best Use
Apartment 5plus
$161.7K
$141.5K – $188.7K
NOI $11,319 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.2K
$323.9K – $431.9K
NOI $25,913 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The condominium offers open-concept living and oversized windows in Washington, DC’s Anacostia neighborhood.
Where is this residential income property located?
The property is located at 1753 W STREET SE Unit B Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 717‑square‑foot condominium unit; Built in 2011; Open‑concept layout with oversized windows
