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Key Details
Sold Price $1,965,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,322 sqft
Price per Sqft $369
Subdivision Trinidad
MLS Listing ID DCDC2143330
Sold Date 11/15/24
Originating Board BRIGHT
Year Built 1939
Annual Tax Amount $4,757
Tax Year 2022
Lot Size 4,664 Sqft
Acres 0.11
Property Description
***6 UNITS - 3 BED/2BATH EACH DEVELOPMENT***We welcome you to 1916-1918 M Street NE, a beautifully newly renovated 6 unit building in the subdivision of Trinidad adjacent to The National Arboretum. Each unit offers 3 bedrooms and 2 full baths with approximately 900 s/f of living space. As you enter inside, you will be captivated by the attention to detail and its contemporary style. Each level invites you with an open floor plan, showcasing bold engineered hardwood floors, and tons of natural light. Complimenting the living/dining room area, you will be captivated by its gourmet-like kitchen, featuring quartz countertops, stainless steel appliances, and shaker cabinets. Each unit is self-contained with individual hot water tanks, central air conditioning and heat, and integrated washer/dryer system. Off-street parking conveys with each unit. INVESTOR DELIGHT - Gross potential annual income up to $230,400 ($3,200 each through the Voucher Program) with a cap rate of 10%. The building is completely VACANT – NO TOPA INVOLVED. This multi-unit opportunity offers tranquility and convenience, with easy access to I-295, Route 50, H Street Corridor, NOMA, Union Market, the National Arboretum and metro. Don't miss the opportunity to own a solid masterpiece.
Location
State DC
County Washington
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4446//0014
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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