1212 16th Street Northeast
1212 16th Street Northeast
$1,099,000
—
2,640
2,640
$416
Listed By Compass
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
Property Details for 1212 16th Street Northeast
Tax ID Number
4079//0820
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleFederal
WaterfrontNo
GarageNo
SubdivisionTRINIDAD
SubdivisionTRINIDAD (WASHINGTON DC)
Location
LISTING UPDATED: 04/21/2024 08:41 AM
Property Details for 1212 16th Street Northeast
Status | Active |
---|---|
MLS # | DCDC2137154 |
Days on Market | 15 |
Taxes | $5,570 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1942 |
Lot Size | 0.07 AC / 3,041 SF |
County | District of Columbia |
Location
Building Information for 1212 16th Street Northeast
Stories-Residences4Year Built1942Building Size-Lot Size0.07 AC / 3,041 SF
Payment Calculator
$6,462 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1212 16th Street Northeast
Property History for 1212 16th Street Northeast
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
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.