2009 Benning Rd NE Washington, DC 20002
Kingman Park NeighborhoodEstimated payment $7,885/month
Total Views
16,758,559
--
Bed
--
Bath
4,184
Sq Ft
$287
Price per Sq Ft
Highlights
- New Construction
- More Than Two Accessible Exits
- Secure Parking
- Contemporary Architecture
- Forced Air Heating and Cooling System
- Property is in excellent condition
About This Home
State-of-the-Art Apartment Rentals Ready for Immediate Occupancy!
New constructed masonry building restoration with four 2 BR, 1.5 BA contemporary style apartments have gleaming wood floors throughout: white soft close cabinetry with designer countertops, custom backsplash, stainless-steel GE and Whirlpool appliance and fixtures packages in the kitchen, and full-sized washer and dryer. ADT Security Alarm system and secured off-street paved parking spaces with remote controlled overhead gate. Each unit has private rear entrances and is individually metered for electricity, heating, and cooling systems (HVAC).
The RFK Stadium Bill officially becomes law for DC control, paving the way for the Commanders football team to build a new arena at the site. With national landmark roof top views of the capitol building and monument, this 4-unit building is steps away for the proposed stadium project. Exceptional opportunity for astute investor to own state-of-the-art apartment rentals in an emerging market nearby to the planned Hechinger Mall redevelopment. Major investment in redeveloping surrounding neighborhoods, Benning Road revitalization is projected for significant future growth.
Competitively priced apartments demanding $2800/monthly, $11,200 ($2800 X 4) income potential. Maximize Your Investment Potential – Rent Control Exempt!
This property, with fewer than five units, is exempt from restrictive Rent Control laws, allowing for greater flexibility and profitability. Unlike rent-controlled assets, this exemption eliminates compliance burdens, ensuring a streamlined management process. As rental demand grows, ownership retains full control to align future rents with market trends, optimizing returns in an evolving real estate landscape.
Building is located on DC Streetcar route with free daily runs, convenient to grocers including Whole Foods, Trader Joe’s, and H Street Corridor top rated restaurants, cafes, and shops.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023 | New Construction
Lot Details
- 1,888 Sq Ft Lot
- Infill Lot
- Property is in excellent condition
Home Design
- 4,184 Sq Ft Home
- Quadruplex
- Contemporary Architecture
- Brick Exterior Construction
Parking
- 3 Parking Spaces
- 3 Off-Street Spaces
- Paved Parking
- Secure Parking
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 97
- Assessor Parcel Number 4515//0097
Community Details
Overview
- 4 Units
- 4-Story Building
Building Details
- 4 Vacant Units
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/25/2024 11/25/24 | Price Changed | $1,200,000 | -29.4% | $287 / Sq Ft |
| 09/24/2024 09/24/24 | Price Changed | $1,700,000 | -15.0% | $406 / Sq Ft |
| 07/02/2024 07/02/24 | For Sale | $2,000,000 | 0.0% | $478 / Sq Ft |
| 07/02/2024 07/02/24 | Off Market | $2,000,000 | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $2,000,000 | -- | $478 / Sq Ft |
Source: Bright MLS
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2144364
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