Washington, DC 20002,1212 16TH ST NE
Washington, DC 20002,1212 16TH ST NE
Washington, DC 20002,1212 16TH ST NE
38
$1,114,000
$1,099,000
1.4%
Est.Price: ?

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2,640 SqFt

1212 16TH ST NE Washington, DC 20002

Est. payment /mo
SOLD DATE : 06/20/2024

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Key Details

Sold Price $1,114,000

Property Type Multi-Family

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

Sold Date 06/20/24

Style Federal

Abv Grd Liv Area 2,640

Originating Board BRIGHT

Year Built 1942

Annual Tax Amount $5,570

Tax Year 2022

Lot Size 3,041 Sqft

Acres 0.07

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

Rooms

Basement Rear Entrance, Sump Pump, Other

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Laminated

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

Fireplace N

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

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available, Water Available, Electric Available

Water Access N

Roof Type Flat

Accessibility Other

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Federal

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4079//0820

Ownership Fee Simple

SqFt Source Assessor

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

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Joann Stamatopoulos

Agent | License ID: 672270

+1(443) 355-1038

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