202-744-3510
1018 16th St NE, Washington, DC for Sale
Multi-Family - FOR SALE
1/8
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1018 16th St NE
Washington, DC 20002
Trinidad


OVERVIEW

PRICED TO SELL. This well-maintained 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. 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 row-houses, 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.

FOR SALE DETAILS

PRICE

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# OF UNITS

4

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,966 SF

ZONING

RA-1

APN/PARCEL ID

4075-0174

ASK ABOUT THIS PROPERTY

Michel DaleyMichel Daley RealtyMore Info
202-744-3510

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Michel DaleyMichel Daley RealtyMore Info
202-744-3510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.