4236 Benning Road NE
Washington, DC, 20019 $ 600,000
Baths0.0 Sq 6,930 Monthly Estimate*
$ 4,191
Studio
for $600,000. This 6,930 square foot building was built in 1941 on a lot size of 0.13.
Online auction to be conducted on Auctioneers website! Online Only Auction: Bidding Begins Saturday, October 14th and ends Thursday, October 19, 2023 at 1:30 PM. Excellent opportunity to purchase a partially-leased, 10 unit apartment building. The property is well-located in the heart of the "Benning Heights" neighborhood of NE, Washington. According to the DC Office of Tax and Revenue, the property is 5,500 +/- sq. ft. of land area. It is zoned RA-1 and is served by public water, sewer, gas and electric. The property is improved by a three-story multi family building. The building's unit mix consists of 8 1 Bedroom/1Bath units and 1 studio. Based on the Rent Roll as of September, 2023, eight of the building's 10 units are occupied. All units are separately metered for gas and electric. Tenants pay their own gas and electric expense. Unit 102: Currently rented for $955.33/month Unit 103: Currently rented for 1,159.75/month Unit 104: Currently rented for $1,184.44/month Unit 201: Currently rented for $1,114.04/month Unit 202: Currently rented for $1,157.68/month Unit 203: Currently rented for $1,047.73/month Unit 301: Currently rented for $922.01/month Unit 302: Currently rented for $1,050/month Unit 303: Vacant Gross Scheduled Monthly Rent = $8,590.98/month (Based on the Rent Roll as of September, 2023 which has 1 vacancy) Gross Scheduled Annual Rent = $103,091.76/year (Based on the Rent Roll as of September, 2023, which has 1 vacancy) **Gross Potential Annual Rent Of $136,320** **Gross Potential Monthly Rent of $11,360** Please note that the estimated monthly rents for the vacant units used for the Gross Potential Monthly and Gross Potential Annual Rent calculations above were based on the DCHA's (DC Housing Authority) newly established process for determining rent reasonableness through the "Market Rent Estimator" found on "AffordableHousing" website.
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FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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GeneralSewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Other
Zoning RA-1
Construction Materials Brick
Year Built 1941
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Subdivision Name BENNING HEIGHTS
Water Access Y/N N
Status PENDING
Directions E Capitol St NE to Benning Rd NE
City WASHINGTON
Buyer Agent Compensation 1
Total Units 9
Lot Size Square Feet 5500.00
Waterfront Y/N N
Street Name BENNING
Tax Annual Amount 6008.0
Price Per Sq Ft 86.58
Vacation Rental Y/N N
Days on Market 24
Standard Status Pending
Year Built Source Assessor
Legal Subdivision Deanwood
Tax Lot 945
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 6930.00
Lot Size Acres 0.13
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Unknown
Land Assessed Value 217640.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByAlex Cooper Auctioneers, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $4,191
- Monthly Property Taxes
- $501
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Washington, DC
Average List Price $2,252,003
Percent of Sale Price 275%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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9/27/2023 | $600,000 | | Listed Price |