1280 16th St NE - Multi-Family FOR SALE


Washington, DC 20002- Trinidad
$499,000 USD
202-270-6368
1280 16th St NE, Washington, DC for Sale
$499,000 USD
Multi-Family - FOR SALE
1/22
null | Request Cap Rate

1280 16th St NE
Washington, DC 20002
Trinidad


HIGHLIGHTS

  • Value Add Opportunity
  • Off-street Parking
  • Prime Neighborhood Location
  • Easy Access to Shopping and Transportation
  • Union Market, Ivy City, Arboretum, H Street, Capitol Hill

OVERVIEW

Investor’s Special in Trinidad! PRICE REDUCED! Estate sale at 1280 16th St NE offers a classic two-unit multi-family property with rare off-street parking and private outdoor space. Located near Union Market, Ivy City, H Street Corridor, and Capitol Hill, this duplex features a recently renovated and tenant-occupied 1BR/1BA upper unit with updated kitchen and bath, plus a lower unit ready for easy renovation and fast rental income. With separate electric and gas meters, strong rental demand, and a deep lot for added value, this home is a smart buy for investors or owner-occupants seeking income potential. Steps to the National Arboretum, Metro, shopping, and dining, and priced below DC assessment — a rare opportunity in one of NE DC’s most connected neighborhoods.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$416 USD /SF

# OF UNITS

2

PRICE/UNIT

$249,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Estate Sale 2-Unit in Hot Trinidad Market

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

RF-1

APN/PARCEL ID

4083-0026

ASK ABOUT THIS PROPERTY

Peter GrimmBerkshire Hathaway PenFed RealtyMore Info
202-270-6368

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Peter GrimmBerkshire Hathaway PenFed RealtyMore Info
202-270-6368

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