1222-1224 SIMMS PLACE
Washington, DC 20002

Description:

Two unit buildings go for a minimum of $450K each great value. THIS BUILDING CAN BE DELIVERED VACANT! The property at 1222-1224 Simms Place NE in Washington, D.C., is comprised of two- 2 unit buildings built in 1935, each of the of four one-bedroom has nits own outside entrance. Each units is equipped with a full bathroom and kitchen. Each unit is separately metered for utilities. The offering has two vacant units. One of the vacant units has been renovated the other vacant unit could used updating but is well maintained and could be rented immediately. The other two units are occupied and on month-to-month leases. The current rents are 950 each for both of the occupied units. They are in the building numbered 1224. The building numbered 1222 Simms is completely vacant. The building was originally two separate , 2 Unit buildings lots but the owner combined the two buildings to make one tax ID number. The two occupied units have been given their TOPA rights and the property is ready to be sold. This is a well maintained building. Two vacant units make it ideal for an owner occupied investment opportunity. The location: ✔ Strong Rental Demand – Proximity to Gallaudet University, NoMa business district, and H Street nightlife ensures high tenant interest. ✔ Rising Property Values – The entire area is undergoing significant redevelopment, increasing long-term appreciation potential. ✔ Transportation Accessibility – Close to major bus routes, Union Market, the H Street Streetcar, Union Station (Amtrak, MARC, and Metro), and NoMa Metro. ✔ Amenities & Lifestyle – Residents enjoy a walkable lifestyle with access to diverse dining, entertainment, and shopping options. ✔ Investment Potential – Properties in Trinidad and surrounding areas have seen rapid appreciation, making it a lucrative long-term hold.