1916-1918 M St Ne, WASHINGTON

$2,100,000

0 Bed
0 Bath
5,322 Sqft
.11 Acre
6 Parking

HUGE Price Reduction. Don't miss out on your opportunity to own this vacant income producing 6 units property. Beautifully Renovated (2023) Vacant 6 Unit Building in the "Trinidad" Neighborhood of NE, Washington, DC, Adjacent to The National Arboretum **Gross Potential Annual Rent Of $240,000** Indulge in the brilliance of this property's renovations and offer tenants an unmatched living experience in Trinidad. An investment that combines charm with modern comforts. Overview: - Currently vacant, offering a strong opportunity for consistent return. - According to a recent Matterport blueprint the building includes approximately 5,000 total square feet. - Located in the sought-after Trinidad neighborhood of NE, Washington, putting tenants in the heart of culture, dining, and entertainment. Close to H Street, Noma, and Union Market. Adjacent to The National Arboretum. 2023 Full-Scale Renovations: - Comprehensive gut renovation, breathing new life into every corner. Modernized infrastructure: - All-new electrical systems. - New plumbing to provide a hassle-free living experience. Aesthetic and Functional Upgrades: - Fresh drywall throughout, offering a blank canvas for tenants. - State-of-the-art kitchens featuring the latest appliances. - High-end bathrooms. - New flooring. - Replacement windows that blend style with energy efficiency. Luxury Amenities: - Convenience: Integrated stacked washer/dryers in all units. All units have dishwashers. - Comfort: Individual hot water heaters, forced-air heat and central air conditioning in every apartment. - Parking for all units. Surface lot in rear for 6 cars giving the opportunity for additional rental income. Additional parking permits available for street parking through DC DMV. Utility Information: - Separate gas and electric meters for each unit, facilitating straightforward billing. “Property is being made available exclusively through Hubzu Online Auction. Please submit all offers on Hubzu.com for consideration.” Seller will consider all reasonable offers.

Essential Information
MLS® #DCDC2132056
Price$2,100,000
Bathrooms0.00
Square Footage5,322
Acres0.11
Year Built1939
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address1916-1918 M St Ne
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20002
Amenities
ParkingPaved Parking
Parking Spaces6
Interior
HeatingForced Air
CoolingNone
Exterior
ExteriorBrick and Siding
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningRESIDENTIAL
Condo Fees$0
HOA Fees$0
Listing Details
OfficeStonegate Realty Group, LLC
Property History
Price Reduced from $2,375,000 to $2,100,000
Price Increased from $1,250,000 to $2,375,000
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Listing information last updated on May 12th, 2024 at 4:45am EDT.