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listing
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MultifamilyFor Sale
$3,999,999
3305 7th Street NE
Washington, DC 20017
Listed by: Marcus & Millichap Real Estate, (202) 536-3700
MLS: Bright MLS
8,160Sq Ft
Est. Mortgage
$20,747/mo

Don't miss your opportunity to own this thoughtfully constructed 24 bedroom, 24 bath student housing property. Rebuilt in 2014, this property is just steps away from Catholic Universities' Campus. The interior of each level of the building, four total, includes six 180 square feet bedrooms with floor to ceiling windows and six full private bathrooms. The common area boasts a contemporary look with a large furnished dining and living room, fully stocked kitchen with sleek commercial appliances, and in unit laundry. The building currently boasts a 92% occupancy rate and all leases except one end before September 2024. This gives the new owner the opportunity to re-tenant before start of the school year. This unique property is constructed using 18 reinforced shipping containers ensuring the properties longevity and helping lower maintenance costs. Located in the rapidly developing Brookland submarket within 5 minutes of the Brookland-CUA Metro. Current leases are structured as short term with tenants at varying rental rates and all tenants splitting all utilities.

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This data is up-to-date as of 11/16/2024 01:53 PM. Listing provided by Brian C Hosey of Marcus & Millichap Real Estate.
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