1111 16TH ST NE new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,152 sqft
Price per Sqft $373
MLS Listing ID DCDC2176364
Style Other
Abv Grd Liv Area 4,152
Originating Board BRIGHT
Year Built 1952
Annual Tax Amount $6,229
Tax Year 2024
Lot Size 2,500 Sqft
Acres 0.06
Property Description
This well-maintained, 4-unit property presents an incredible opportunity for investors looking to generate strong returns. Situated in a thriving neighborhood with easy access to public transportation, dining, and shopping, this property offers both convenience and significant appreciation potential.
High-Income Potential: Generates over $150,000 in gross annual rent with an 8% cap rate.
Turnkey & Well-Maintained: The property undergoes continuous annual inspections, ensuring compliance, upkeep, and long-term value.
Ideal for Investors or House-Hackers: Expand your portfolio or live in one unit while generating passive income from the others.
Don't miss this rare multi-unit gem—an investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
Location
State DC
County Washington
Zoning R4
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4077//0060
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard