CHARIS REALTY GROUP

Other

1111 16TH STREET NE

WASHINGTON, DC 20002

MLS#: DCDC2276398

$499,500

Status: Active
Listing number: DCDC2276398
Listing provided by: RLAH @properties
Listing agent phone: None
Last update: 9 days ago
On site: 11 days ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1952

Sq.Footage

4,152

Property for Auction. Please allow us until next week to schedule the interior access. ***Submit an offer through Aution's portal.*** 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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4152.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Off Street, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Lot Size(square feet)

    2,500

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $499,500

  • Tax Amount

    $5,653

  • Sq. Footage

    4,152

  • Price/SqFt

    $120

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    60

  • Water Source

    Public

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Location

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Listing Courtesy of Asila Sayedi , RLAH @properties

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Agent Margo Miller

AGENT

Margo Miller

Call Margo today to schedule a private showing.

(301) 524-0999

(340) 913-9339

margo@charisrealty.com


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Property for Auction. Please allow us until next week to schedule the interior access. ***Submit an offer through Aution's portal.*** 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.

1111 16TH STREET NE

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