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Auction
  • Est. $1,450,000

    1111 16th St NE, Washington, DC 20002

    12beds
    7baths
    4,152sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $1,462,000 Zestimate®
    $349/sqft
    $-- HOA

    Overview

    Property for Auction. For interior access please allow 3 days to schedule. ***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.
    92 days
    on Zillow
    |
    111
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 11, 2025 at 07:50am

    Listed by:

    Asila Sayedi 703-398-9355,

    Smart Realty, LLC

    Source: Bright MLS,MLS#: DCDC2176364MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    Basement
    • Area: 670
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,822
    • Total interior livable area: 4,152 sqft

    Property

    Parking
    • Parking features: On Street, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,500 Square Feet
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 4077//0060
    • Zoning: R4
    • Special conditions: Auction

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Washington

    Financial & listing details

    • Price per square foot: $349/sqft
    • Tax assessed value: $706,830
    • Annual tax amount: $6,229
    • Date on market: 1/30/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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