1325 Orren St Ne, WASHINGTON
$1,300,000 - 3,144 Sf
MLS® # DCDC2123910
1212 16th St Ne, WASHINGTON
$1,099,000
0 Bed
0 Bath
2,640 Sqft
.07 Acre
0 Parking
We are proud to present a rare investment opportunity with this fully vacant turn-key multi-family building, recently renovated and ready for immediate move-in. This property is ideal for a variety of investment strategies. Option 1: Buy as a primary residence, live in one unit, and rent out the rest. Option 2: Buy & hold, and rent out all four units at a good Cap Rate. All units are separately metered with their own Certificate of Occupancy. The Voucher Assistance Program pays $1680 per unit. Non-Voucher Market rent is $1500 per unit. Option 3: Purchase and redevelop as a condo conversion. There is room to build up, and allow for two-car parking in the back. The location is great, and in close proximity to new developments, Union Market, Gallaudet University, The National Arboretum, KIPP Academy, H Street Corridor, and Capitol Hill. The street is quiet and lined with mostly renovated and redeveloped homes and apartments. Off-Street Parking is possible.
Essential Information
MLS® #DCDC2137154
Price$1,099,000
Bathrooms0.00
Square Footage2,640
Acres0.07
Year Built1942
TypeMulti-Family
Sub-TypeInterior Row/Townhouse, Quad
StyleFederal
StatusActive
Community Information
Address1212 16th St Ne
SubdivisionTRINIDAD
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20002
Amenities
ParkingFenced
Utilities
Natural Gas Available, Water Available, Electric Available
Interior
HeatingForced Air
CoolingCentral A/C
Has BasementYes
Appliances
Dishwasher, Disposal, Washer, Dryer, Refrigerator, Oven/Range-Gas
Basement
Rear Entrance, Sump Pump, Other
Exterior
ExteriorBrick and Siding
RoofFlat
FoundationOther
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
ZoningRESIDENTIAL
Condo Fees$0
HOA Fees$0
Listing Details
OfficeCompass
Office Contact(202) 386-6330
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Listing information last updated on May 3rd, 2024 at 6:16pm EDT.
