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1111 16TH STREET
Washington, DC 20002
Quick Facts
- Area:4152sq ft
- Style:Other
- Year Built:1952
- Lot Size:0.06 acres
Description:
Property for Auction. For interior access please allow 3 days to schedule. ***Submit an offer through Aution's portal.*** This well-maintained, 4-unit property presents an incredible opportunity for investors looking to generate strong returns. Situated in a thriving neighborhood with easy access to public transportation, dining, and shopping, this property offers both convenience and significant appreciation potential. High-Income Potential: Generates over $150,000 in gross annual rent with an 8% cap rate. Turnkey & Well-Maintained: The property undergoes continuous annual inspections, ensuring compliance, upkeep, and long-term value. Ideal for Investors or House-Hackers: Expand your portfolio or live in one unit while generating passive income from the others. Don’t miss this rare multi-unit gem—an investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
| Status | Active |
| Added to RealtyWatch | January 30, 2025 - 83 days ago |
| Listing Office | Smart Realty, LLC, Asila Sayedi |
| MLS ID | DCDC2176364 |
Schedule a Showing
Interior
- A/C: Central A/C
- Heating: Y, Forced Air, Electric
- Disability Feature: None
Exterior
- General: Above Grade,Below Grade
- Style: Other
Construction
- General: Brick
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: R4, 4077//0060
- Current Use: 0
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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