Loading
1212 16TH STREET
Washington, DC 20002
Quick Facts
- Area:2640sq ft
- Style:Federal
- Year Built:1942
- Lot Size:0.07 acres
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.
| Status | Active |
| Added to RealtyWatch | April 15, 2024 - 24 days ago |
| Listing Office | Compass, Noel P Sesay |
| MLS ID | DCDC2137154 |
Schedule a Showing
Interior
- Appliances: Dishwasher,Disposal,Washer,Dryer,Refrigerator,Oven/Range - Gas
- Basement: Rear Entrance,Sump Pump,Other
- Flooring: Laminated
- A/C: Central A/C
- Heating: Y, Forced Air, Natural Gas
- Disability Feature: Other
Exterior
- General: Above Grade,Below Grade
- Style: Federal
- Parking: Fenced
Construction
- Roofing: Flat
- General: Brick, Other
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: RESIDENTIAL, 4079//0820
Utilities
- Utilities: Natural Gas Available,Water Available,Electric Available
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.