$ 499,500
-
$499,500
Price -
4
Bed -
7
Bath -
4,152
SqFt
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About the Listing RLAH6 - 3280363
Property for Auction. Please allow us until next week to schedule the interior access. ***Submit an offer through Aution's portal.*** This well-maintained, 4-unit property presents an incredible opportunity for investors looking to generate strong returns. Situated in a thriving neighborhood with easy access to public transportation, dining, and shopping, this property offers both convenience and significant appreciation potential. High-Income Potential: Generates over $150,000 in gross annual rent with an 8% cap rate. Turnkey & Well-Maintained: The property undergoes continuous annual inspections, ensuring compliance, upkeep, and long-term value. Ideal for Investors or House-Hackers: Expand your portfolio or live in one unit while generating passive income from the others. Don’t miss this rare multi-unit gem—an investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
DCDC2276398
Year Built
1952
Total Square Footage
4,152
Lot/Acreage
0.06
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: 7 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4152
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R4
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street,Off Street
Financial Details
- Tax Amount: $5,653
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
1111 16th St NE Washington, DC 20002
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