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Marjorie Dick Stuart

  • Cell 240-731-8079
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1212 16th St Ne, WASHINGTON, DC – $1,099,000

  • $1.1M Price
  • 2,640 Sqft
  • .07 Acres
  • 19 DOM
  • $1.1M Price
  • 2,640 Sqft
  • .07 Acres
  • 19 DOM

1212 16th St Ne

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.

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Essential Information

  • MLS® #DCDC2137154
  • Price$1,099,000
  • Bathrooms0.00
  • Square Footage2,640
  • Acres0.07
  • Year Built1942
  • TypeMulti-Family
  • Sub-TypeInterior Row/Townhouse, Quad
  • StyleFederal
  • StatusActive

Community Information

  • Address1212 16th St Ne
  • SubdivisionTRINIDAD
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20002

Amenities

  • ParkingFenced

Utilities

Natural Gas Available, Water Available, Electric Available

Interior

  • HeatingForced Air
  • CoolingCentral A/C
  • Has BasementYes

Appliances

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

Basement

Rear Entrance, Sump Pump, Other

Exterior

  • ExteriorBrick and Siding
  • RoofFlat
  • FoundationOther

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedApril 15th, 2024
  • Days on Market19
  • ZoningRESIDENTIAL

Listing Details

  • OfficeCompass
  • Office Contact(202) 386-6330
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Listing information last updated on May 3rd, 2024 at 8:03am CDT.