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1027 16th St NE - Investor Opportunity 4 Unit (Redevelopment) 4 Unit Apartment Building Offered at $1,225,000 Washington, DC 20002

Apartment Buildings District of Columbia Washington 1027 16th St NE, Washington, DC 20002

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INVESTMENT HIGHLIGHTS

  • Development Opportunity
  • Investment
  • Trinidad Location

EXECUTIVE SUMMARY

Trinidad Development Opportunity presently 2,640 SF, 4 unit Multi-Family expandable to 3,60 +/- SF. Property is nicely located and contiguous to successful redevelopment next door. Convenient to Capital Hill the H Street Corridor, Gallaudet and Union Market.

ATTACHMENTS

Offering Memorandum 1027 16th Street NE

PROPERTY FACTS

Price $1,225,000 Lot Size 0.07 AC
Price Per Unit $306,250 Building Size 2,640 SF
Sale Type Investment Average Occupancy 100%
Sale Condition Redevelopment Project No. Stories 2
No. Units 4 Year Built 1940
Property Type
Multifamily
  • Multifamily Apartments
Zoning RF-1 - RF1
Price $1,225,000
Price Per Unit $306,250
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.07 AC
Building Size 2,640 SF
Average Occupancy 100%
No. Stories 2
Year Built 1940
Zoning RF-1 - RF1

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - -
1 1
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number 4074-0158 Improvements Assessment $244,600
Land Assessment $465,220 Total Assessment $709,820

PROPERTY TAXES

Parcel Number
4074-0158
Land Assessment
$465,220
Improvements Assessment
$244,600
Total Assessment
$709,820
(301) 337-4700

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 25738718

  • Date on Market: 5/19/2022

  • Last Updated:

  • Address: 1027 16th St NE, Washington, DC 20002

More public record information on 1027 16th St NE, Washington, DC 20002

The Trinidad Multifamily Property at 1027 16th St NE, Washington, DC 20002 is currently available. Contact Scheer Partners for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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1027 16th St NE - Investor Opportunity 4 Unit (Redevelopment)
(301) 337-4700 x

1027 16th St NE - Investor Opportunity 4 Unit (Redevelopment)

David Edgerley
(301) 337-4700

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