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Residential Income Condo with Fireplace
For Sale
$319,999

35 14TH STREET NE Unit 35, Washington, DC 20002

An open living and dining arrangement connects the main gathering space with an efficient kitchen.

Property Size709 SF
Price / SF$463.77
Days on Market205

Property Features for 35 14TH STREET NE Unit 35

General Information

Standard status Active
Size 709 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,111

Amenities

fireplace

Building Details

Building Size 709 SF
Year Built 1980
Listing Agency: Keller Williams Capital Properties
Listed By: Daniel L Wheeler
Source: Kwcapitalproperties
Added: Mar 16 Changed: Oct 6 Last Checked: Oct 6 at 2:24AM

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 Keller Williams Capital Properties

Investment Insights

Based on property information with market context.

This Capitol Hill condominium has one bedroom, one bathroom, and approximately 690 square feet of interior space. The plan includes an open living and dining area, a separate bedroom with closet space, an efficient kitchen, and a fireplace in the living area. The building dates to 1980.

Parks, restaurants, shops, grocery stores, and public transportation are nearby. Eastern Market and the H Street corridor are also within a short distance.

Key Highlights

  • One‑bedroom, one‑bathroom condominium
  • Approximately 690 square feet
  • Fireplace in the living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,747
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,940 $234.9K
Cap Rate 7%
$167,814 $167.8K
Cap Rate 9%
$130,522 $130.5K
Market Conditions
NOI Build-Up for 690 SF
Gross rent
$22.8K $33.00/SF
− Vacancy
−$1.4K −$2.05/SF
EGI
$21.4K $30.95/SF
− OpEx
−$9.6K −$13.93/SF
NOI
$11.7K $17.02/SF
Area
ZIP 20002
Vacancy
6.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,940
Cap Rate 7%
$167,814
Cap Rate 9%
$130,522

Alternative Uses

Best Use
Apartment 5plus
$167.8K
$146.8K – $195.8K (±1% cap)
NOI $11,747 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$356.2K
$311.7K – $415.6K (±1% cap)
NOI $24,937 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service Tattoo & Piercing Shop Nursing Home Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,455
Businesses Nearby

Demographics for 20002, DC

69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - An open living and dining arrangement connects the main gathering space with an efficient kitchen.
Where is this residential income property located?
The property is located at 35 14TH STREET NE Unit 35 Washington, DC.
What is the asking price?
The asking price for this property is $319,999.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom condominium; Approximately 690 square feet; Fireplace in the living area
More about this property
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