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1307-1309 Holbrook St NE
Washington, DC 20002
Holbrook Terrace/Street Apartments · Multifamily Property For Sale
·
6 Units
EXECUTIVE SUMMARY
Investor’s Dream | Renovated 6-Unit Multifamily in Trinidad Rare opportunity to acquire a solid brick 6-unit multifamily building in Trinidad, combining immediate income with long-term upside. This side-by-side property (1307–1309 Holbrook St NE) has been carefully renovated and offers a versatile mix of unit types: Three 1BR + den apartments,One 2BR apartment and Two spacious 3BR apartments Recent capital expenditures to four vacant units include: Modern kitchens with new cabinetry & appliances, In-unit washer/dryers, updated flooring & fresh paint & graveled rear yard for tenant parking Two units are occupied at below-market rents (average approximately $350/month), leaving tremendous upside as leases expire and rents are brought to market. This property is ideal for 1031 exchange buyers seeking a strong replacement asset. With settlement before year’s end, investors can take advantage of immediate depreciation benefits, including the enhanced 100% bonus depreciation provisions, maximizing after-tax returns in year one. Located in vibrant Trinidad, steps from Union Market, Ivy City, and the H Street Corridor, this is a rare 6-unit opportunity with both cash flow and appreciation upside.
PROPERTY FACTS
| Price Per Unit | $225,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 6 | Building Size | 6,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1937 |
| Apartment Style | Low-Rise | ||
| Zoning | RF-1 | ||
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,000 SF |
| No. Stories | 2 |
| Year Built | 1937 |
| Zoning | RF-1 |
PROPERTY TAXES
| Parcel Number | 4073-0088 | Improvements Assessment | $544,720 |
| Land Assessment | $131,990 | Total Assessment | $676,710 |
PROPERTY TAXES
Parcel Number
4073-0088
Land Assessment
$131,990
Improvements Assessment
$544,720
Total Assessment
$676,710
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