$ 695,000
-
$695,000
Price -
4
Bed -
3,296
SqFt -
0.06
Acre
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About the Listing MIID1 - 3113184
PRICED TO SELL. This well-maintained, value-added four-unit building is nestled withing the redeveloped and thriving Trinidad neighborhood. Two units are vacant; two are occupied with well-paying, month-to-month tenants who have expressed no interest to purchase. Est. rent potential: $105,600.00 annually (Based on DC Fair Market Rental Rates) The building features enclosed porches, front and rear entrances and a large back lot with access to a wide alley. The owner is downsizing. Priced for quick sale, this building is a great opportunity for a first-time investor to buy and hold, or for a developer seeking to increase the FAR by adding new additions and amenities. Trinidad is a vibrant and historic Northeast Washington, D.C. neighborhood where rich heritage meets modern city living. The neighborhood features classic 20th-century brick rowhouses, lovely Victorians, and multifamily buildings on quiet, tree-lined streets just blocks away from the bustling H Street corridor for nightlife, the arts and world-class dining. It is also easily accessible via the Capital Bikeshare network, and close to the NoMa-Gallaudet U Metro Station. In addition, the property is minutes away from Union Market, the Joseph H. Cole Recreation Center, Langston Golf Course and Kingman Island.
Listing Highlights
Status
Active
Days on Site
31
Property Type
Multi-Family
MLS ®
DCDC2280250
Year Built
1940
Total Square Footage
3,296
Lot/Acreage
0.06
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 4
- Appliances: Oven/Range - Gas, Water Heater, Refrigerator
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor: Carpet,Ceramic Tile,Hardwood
- Above Ground Sq Ft: 3296
- Basement:
- Other: Carpet,Ceiling Fan(s),Upgraded Countertops
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: Residential-Multifamily; low-rise apartment building
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $5,938
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
1018 16th St NE Washington, DC 20002
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