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.
House for sale, 1212 16th St NE Trinidad, in Washington, United States
1212 16th St NE, Washington, DC 20002, USA, 1212 16th St NE
House with flats • 245.26 m² • ref: 1555267180420100049
HKD 8,586,212
Surfaces
Living245.26 m²
Air conditioning
1212 16th St NE, Washington
Noël Sesay
Phone number
+1202...