Washington, DC 20002,1212 16TH ST NE
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Washington, DC 20002,1212 16TH ST NE
Washington, DC 20002,1212 16TH ST NE
Washington, DC 20002,1212 16TH ST NE
Washington, DC 20002,1212 16TH ST NE

$1,114,000

Est. payment /mo

$1,099,000

1.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1212 16TH ST NE Washington, DC 20002

2,640 SqFt

SOLD DATE : 06/20/2024

Key Details

Sold Price $1,114,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $421

Subdivision Trinidad

MLS Listing ID DCDC2137154

Style Federal

Year Built 1942

Annual Tax Amount $5,570

Tax Year 2022

Lot Size 3,041 Sqft

Property Description

We are proud to present a rare investment opportunity with this fully vacant turn-key multi-family building, recently renovated and ready for immediate move-in. This property is ideal for a variety of investment strategies. Option 1: Buy as a primary residence, live in one unit, and rent out the rest. Option 2: Buy & hold, and rent out all four units at a good Cap Rate. All units are separately metered with their own Certificate of Occupancy. The Voucher Assistance Program pays $1680 per unit. Non-Voucher Market rent is $1500 per unit. Option 3: Purchase and redevelop as a condo conversion. There is room to build up, and allow for two-car parking in the back. The location is great, and in close proximity to new developments, Union Market, Gallaudet University, The National Arboretum, KIPP Academy, H Street Corridor, and Capitol Hill. The street is quiet and lined with mostly renovated and redeveloped homes and apartments. Off-Street Parking is possible.

Location

State DC

County Washington

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Laminated

Equipment Dishwasher, Disposal, Washer, Dryer, Refrigerator, Oven/Range - Gas

Exterior

Utilities Available Natural Gas Available, Water Available, Electric Available

Water Access N

Roof Type Flat

Building

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Noel P Sesay • Compass
Bought with Angelo Industrious • Keller Williams Capital Properties

Jason Gareau

Broker

+1(609) 929-4486

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