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$1,125,000
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Property Description
Back on the MARKET! PRIME investment opportunity boasting an impressive 10.5%+ CAP rate!!! Multi-family building in Washington, DC features 4 fully-occupied units, with a steady monthly income of $12,400. All units are rented through DCHA housing vouchers, ensuring consistent and reliable cash flow. This building not only delivers strong financial returns but also includes a dedicated on-site Super who efficiently handles maintenance and tenant concerns. Building layout is Two, 5 -bedroom units and Two, 2 bedroom units. Additional perks include convenient rear off-street parking and coin operated laundry room bringing in additional income. Don't miss your chance to invest in this well-managed, high-yield asset in a vibrant SE DC.
Full Property Details
Full Property Details for 4606 Hillside Rd SE
General
- Sold For: $1,125,000
- Taxes: $3,506 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2154140
- Added to Site: 546 day(s) ago
Rental Information
- Rent Control: Yes
Parking
- Parking Type: Off Street, On Street, Alley, Parking Lot
Location
- County: Washington
- Cross Streets: 46th St SE
- Driving Directions: Hillside is a 1 way street. Must come from East side, off 46th St SE.
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Brick
- Stories/Levels: 2
- Square Feet: 3,834
- Sq. Ft. Source: Assessor
- Living Area: 2,556 Sq. Ft.
- Year Built: 1942
- Year Built Source: Assessor
- Property Condition: Very Good, Excellent, Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,565
- Lot Size Source: Assessor
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $467.53
- Assessment Year: 2024
- City/TownTax: $3,506
- City/TownTax Freq: Annually
- Tax w/Assessment: $656,940
- Tax Amount: $3,506
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Sewer, Water, Trash Collection, Pest Control, Management, Insurance
- Landlord Pays: Sewer, Water, Trash Collection, Pest Control, Management, Insurance
- Tax Total Finished Sq. Ft.: 2556
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 81
Listed by Real Broker, LLC, Anthony R Howard
Sold by Keller Williams Capital Properties, Marlena D McWilliams
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Schools
Schools serving 4606 Hillside Rd SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Nalle Elementary School 219 50th Street Southeast, Washington, DC 20019 | K-5 | 0.7 mi |
Kelly Miller Middle School 301 49th Street Northeast, Washington, DC 20019 | 6-8 | 1.2 mi |
H.D. Woodson High School 540 55th Street Northeast, Washington, DC 20019 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4606 Hillside Rd SE
Date
Details
Price
Change
Source
12/31/2024
Sold
$1,125,000
-5.86%
MLS
8/24/2024
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4606 Hillside Road SE, Washington, DC 20019 (MLS# DCDC2154140) is a Multi-Family property that was sold at $1,125,000 on December 31, 2024. Want to learn more about 4606 Hillside Road SE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

