1212 16th Street Northeast

Washington, DC 20002

$1,099,000
Price
Beds
2,640 Sq. Ft.
$416 / Sq. Ft.
2,640
Sq. Ft.
$416
per Sq. Ft.

Description

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...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.

Listing Agents

  1. Noël Sesay

    Noël Sesay

    Listing Agent

    Compass

    noel.sesay@compass.com

    P: 202.431.3119

  2. Margaret Babbington

    Margaret Babbington

    Alternative Listing Agent

    Compass

    mb@compass.com

    P: 240.460.4007

Property Details for 1212 16th Street Northeast

Tax ID Number
4079//0820
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
No
Subdivision
TRINIDAD
Subdivision
TRINIDAD (WASHINGTON DC)

Location

Add your commute
LISTING UPDATED: 04/21/2024 08:41 AM

Property Details for 1212 16th Street Northeast

StatusActive
MLS #DCDC2137154
Days on Market15
Taxes$5,570 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1942
Lot Size0.07 AC / 3,041 SF
CountyDistrict of Columbia

Location

Add your commute

Building Information for 1212 16th Street Northeast

Stories-Residences4Year Built1942Building Size-Lot Size0.07 AC / 3,041 SF

Payment Calculator

$6,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$464

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1212 16th Street Northeast

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $714,210
  • City Town Tax: $5,570
  • Municipal Trash: Yes
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Rent Control: No
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Year Major Reno Remodel: 2017
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Urban Land-Sassafras-Chillum
  • Parcel ID: 16073902
Parking
Parking
  • Type Of Parking: On Street, Off Street
  • Parking Features: Fenced
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Washer, Dryer, Refrigerator, Oven/Range - Gas
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Natural Gas Available, Water Available, Electric Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: noelsesay@gmail.com

Property History for 1212 16th Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1212 16th Street Northeast

Taxable ValueLand$433,620Additions$280,590Total$714,210
Tax Record2023$6,203 ($517 / month)
Home Facts
Baths4Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size3,041 SqFtStyleMulti-Family Dwelling (2-4)Year Built1942ZoningRF-1CountyDISTRICT OF COLUMBIAAPN4079 0820

Schools near 1212 16th Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Wheatley Education Campus
PublicPK to 8

Dunbar High School
Public9 to 12

School-Within-School @ Goding
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1212 16th Street Northeast is a multi-family home for sale in Washington, DC 20002. This property was listed for sale on April 15, 2024 by Compass, it's currently listed at $1,099,000. It has been on the market for a total of 15 days and was last sold on May 26, 2017. This listing's school district is District Of Columbia Public Schools. Nearby schools include Wheatley Education Campus, Dunbar High School and Phelps Architecture, Construction, and Engineering High School. 1212 16th Street Northeast is a 0-bed, 0-bath, 2,640 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/21/2024 08:41 AM