1942 I ST NE new to site

Washington,DC 20002

$ 825000

- Bed

- Bath

2368 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,368 sqft

Price per Sqft $348

Subdivision Trinidad

MLS Listing ID DCDC2171740

Style Federal

Abv Grd Liv Area 2,368

Originating Board BRIGHT

Year Built 1942

Annual Tax Amount $6,381

Tax Year 2024

Lot Size 2,432 Sqft

Acres 0.06

Property Description

Discover the potential of this well-maintained multi-family in booming Trinidad / Carver-Langston. Featuring four one-bedroom, one-bathroom units, this property is a prime choice for investors or first-time homebuyers looking to capitalize on a growing market. Investors will appreciate the building's solid rental history and the robust demand for housing in the area. 75% tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can move into the open unit, offset expenses with rental income, and build equity fast. The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.

Location

State DC

County Washington

Zoning RA-2

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Inclusions Please see disclosures.

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Roof Type Unknown

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Federal

Additional Building Above Grade,Below Grade

New Construction N

Schools

Elementary Schools Browne Education Campus

Middle Schools Browne Education Campus

High Schools Eastern

School District District Of Columbia Public Schools

Others

Tax ID 4477//0021

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Acceptable Financing Bank Portfolio,Cash,Conventional,FHA,FHA 203(k),Private,USDA,VA

Listing Terms Bank Portfolio,Cash,Conventional,FHA,FHA 203(k),Private,USDA,VA

Financing Bank Portfolio,Cash,Conventional,FHA,FHA 203(k),Private,USDA,VA

Special Listing Condition Standard

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