Residential Income Property with
For Sale
$209,000
520 N STREET SW Unit S522, Washington, DC 20024
Studio co-op with a separate sleeping alcove, updated kitchen and bath, and private outdoor space.
Property Size591 SF
Price / SF$353.64
Days on Market112
Property Features for 520 N STREET SW Unit S522
General Information
Standard status
Active
Size
591 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
HOA Fee
$1,228
Amenities
24/7 concierge and security
indoor pool
fitness center
common roof deck
gardens
BBQ area
car wash
EV charging
bike room
laundry facilities
Building Details
Building Size
591 SF
Year Built
1966
Listing Agency:
Compass
Listed By:
Steven Dean · License #SP102455
(202) 525-6499
Source:
Jackrealtygroup
Added: Jul 9
Changed: Oct 27
Last Checked: Oct 26 at 2:26PM
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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Investment Insights
Based on property information with market context.
This 591-square-foot co-op is configured as a studio with a bedroom alcove and one bathroom. Interior updates include new flooring, kitchen appliances, and a refreshed bathroom with a tub and shower. The unit also has substantial closet storage and a west-facing balcony overlooking landscaped grounds and water features.
Harbour Square is at 520 N Street SW in Washington, DC, near The Wharf, Capitol Hill, the Yards, and Audi Field. Metro stations and bus routes are nearby, with access to major highways. Community facilities include an indoor pool, fitness center, roof terraces, gardens, BBQ areas, guest parking, and a garage with rental spaces and EV charging. The building also has a gatehouse with concierge and security coverage around the clock.
The co-op fee includes property taxes, utilities, HVAC, internet, cable, and community amenities. Renting is permitted after two years of ownership, for a maximum of three years. Laundry is located in the basement of each building; in-unit machines may be added.
Harbour Square is at 520 N Street SW in Washington, DC, near The Wharf, Capitol Hill, the Yards, and Audi Field. Metro stations and bus routes are nearby, with access to major highways. Community facilities include an indoor pool, fitness center, roof terraces, gardens, BBQ areas, guest parking, and a garage with rental spaces and EV charging. The building also has a gatehouse with concierge and security coverage around the clock.
The co-op fee includes property taxes, utilities, HVAC, internet, cable, and community amenities. Renting is permitted after two years of ownership, for a maximum of three years. Laundry is located in the basement of each building; in-unit machines may be added.
Key Highlights
- 591‑square‑foot studio co‑op with bedroom alcove and one bathroom
- West‑facing private balcony overlooking gardens and water features
- Updated flooring, kitchen appliances, and bathroom with tub and shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,820
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,400
$196.4K
Cap Rate 7%
$140,286
$140.3K
Cap Rate 9%
$109,111
$109.1K
Market Conditions
NOI Build-Up for 591 SF
Gross rent
$18.8K $31.80/SF
− Vacancy
−$940 −$1.59/SF
EGI
$17.9K $30.21/SF
− OpEx
−$8.0K −$13.59/SF
NOI
$9.8K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,400
Cap Rate 7%
$140,286
Cap Rate 9%
$109,111
Alternative Uses
Best Use
Apartment 5plus
$140.3K
$122.8K – $163.7K
NOI $9,820 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.0K
$266.0K – $354.7K
NOI $21,279 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,490
Businesses Nearby
Explore this area
Business Placement
Demographics for 20024, DC
15,952
Population
11,560
Households
1.4
Avg Household Size
37
Median Age
70%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
7,251
Density / Sq Mi
$102,623
Median Household Income
$94,419
Median Earnings
$2,121
Median Rent
$497,100
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Studio co-op with a separate sleeping alcove, updated kitchen and bath, and private outdoor space.
Where is this residential income property located?
The property is located at 520 N STREET SW Unit S522 Washington, DC.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 591‑square‑foot studio co‑op with bedroom alcove and one bathroom; West‑facing private balcony overlooking gardens and water features; Updated flooring, kitchen appliances, and bathroom with tub and shower
