1018 16th St Ne, Washington, DC 20002
- $695,000
- 3,296
- SqFt
- List Price
- $695,000
- Status
- ACTIVE
- Days on Market
- 12
- MLS#
- DCDC2280250
- Style
- Dwelling with Rental
- Year Built
- 1940
- Living Area
- 3,296
- Lot Size
- 2,613
- Acres
- 0.06
Property Description
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.
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Additional Information
- Interior Features
- Carpet, Ceiling Fan(s), Upgraded Countertops
- Taxes
- $5,938
- Property Description
- Dwelling with Rental
- Zoning
- RA-1
- Flooring
- Carpet, Ceramic Tile, Hardwood
- Appliances
- Oven/Range - Gas, Water Heater, Refrigerator
- Heating
- Hot Water
- Air Conditioning
- None
- Stories
- 2
- School District
- District Of Columbia Public Schools
- Number Of Units
- 4
Mortgage Calculator
Listing courtesy of Michel Daley Realty. Contact: (202) 544-4445