525 7TH Street NE Washington, DC 20002

Building Details

Year Built

1954

Listing agency Keller Williams Capital Properties s***@kw.com Show Phone

Listed by Stefan Rosu · License #SP98377007

Source Deepcreeklake

Added: Apr 30 Updated: Jul 21 at 10:25PM Checked: Jul 22 at 6:53AM

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Investment Insights

Based on property information with market context.

This nine-unit apartment building presents a value-add opportunity with two current vacancies. The property includes a mix of unit layouts, with five units already converted to 2-bedroom, 1-bath configurations and the remaining units currently operating as 1-bedroom units. All units have central heat, and five units also have central cooling, while the others use window A/C. Utilities are sub-metered across the building.

The property is located in historic Capitol Hill. Nearby amenities include Whole Foods, Stanton Park, Trader Joe’s, and Union Station, with distances noted in the remarks.

The building also offers four parking spaces in the rear, supporting resident parking convenience. Rent history referenced in the remarks indicates one of the most recent leases was signed for a renovated 2-bedroom, 1-bath under an HCVP arrangement.

Key Highlights

• 9‑unit apartment building built in 1954 with value‑add potential including 2 current vacancies
• Recent lease: $3,100/month (HCVP) for a renovated 2 bed/1 bath unit; legacy tenant rents are lower
• Unit mix: 5 units already converted to 2 bed/1 bath; remaining units are 1 bed with opportunity to convert on turns

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FAQs

What type of property is this?

Apartment building - Nine-unit apartment building with central heat, sub-metered utilities, and rear parking for four.

Where is this apartment building located?

The property is located at 525 7TH Street NE Washington, DC.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: 9‑unit apartment building built in 1954 with value‑add potential including 2 current vacancies; Recent lease: $3,100/month (HCVP) for a renovated 2 bed/1 bath unit; legacy tenant rents are lower; Unit mix: 5 units already converted to 2 bed/1 bath; remaining units are 1 bed with opportunity to convert on turns