1239 Meigs Pl Ne, Washington, DC 20002

$1,400,000
2,652
SqFt

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List Price
$1,400,000
Status
ACTIVE
Days on Market
5
MLS#
DCDC2274902
Style
Other
Year Built
1940
Living Area
2,652
Lot Size
1,742
Acres
0.04

Property Description

Calling all investors! This 4-unit multifamily property in the heart of Trinidad offers a rare turnkey renovation opportunity in one of DC's most vibrant and rapidly appreciating neighborhoods. The building has sustained fire damage but is sound. The property features four spacious 1-bedroom units, fully vacant and ready for your vision, whether that's a full gut renovation or a boutique rental portfolio addition. The property has off street parking for up 3-4 cars. Trinidad is a dynamic, community-oriented neighborhood offering unbeatable convenience: close to Union Market's acclaimed dining and shopping complex, enjoy easy access to nearby universities, and take your pick of local restaurants and grocery stores just steps away. With Metro access nearby and only minutes to downtown DC and Capitol Hill, this location is a strong draw for future tenants seeking an urban lifestyle with easy commuting options. With all four units vacant, investors have full flexibility to renovate on their own timeline and maximize rental income potential in a neighborhood experiencing strong demand and continued growth. Don't miss this opportunity to invest in one of DC's up-and-coming corridors.

Additional Information

Taxes
$36,293
Property Description
Other
Zoning
R1
Heating
90% Forced Air
Air Conditioning
None
Foundation
Permanent
School District
District Of Columbia Public Schools
Number Of Units
4

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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (202) 966-1400