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Key Facts

Type 
Levels Residential
Size  sqft
Garage No
HOA Fees 
Taxes $8,218
Days Active 6
Approx. Age 1938
MLS® Number DCDC2214044

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This 8-unit multifamily property offers investors a rare blend of value-add potential and stable cash flow in Washington, D.C.’s in-demand Trinidad neighborhood. Some units recently renovated, and others undergoing upgrades, the asset features larger 3-4 bedroom units tailored for workforce housing, with 6 occupied units generating $14, 706/month ($176, 472/year) and 2 vacant units ready for tenant placement pending business license updates. The property benefits from Section 8 tenants, ensuring consistent rental income. <BR><BR> Key Features <BR><BR> Unit Mix Optimized for Rent Growth: <BR><BR> Five 3-bedroom units (663 SF, avg. $2, 765/month) <BR><BR> One 4-bedroom unit (935 SF, vacant – premium rent potential) <BR><BR> Two 2-bedroom units (398 SF, avg. $1, 838/month) <BR><BR> Pro Forma Upside: Immediate occupancy of 2 vacant units (+$5, 800/month potential) could lift annual gross income to $248, 472 (+41%). <BR><BR> Prime Location: Situated in Trinidad, a rapidly developing area with proximity to Union Market, H Street Corridor, and Capitol Hill.Show Description
MLS® NumberDCDC2214044
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorFire Escape, Other
GarageNo
Approx. Age1938
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard - Electric, Electric
A/CCeiling Fan(s)
Heating Fuel

Extras

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