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.
Sold for $1,114,000 on 06/20/24
$1,114,000
1212 16th St NE, Washington, DC 20002
8beds
--baths
2,640sqft
Townhouse
Built in 1942
-- sqft lot
$-- Zestimate®
$422/sqft
$4,569 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,569/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 02, 2024 at 09:14am
Listed by:
Noel Sesay 202-431-3119,
Compass,
Listing Team: Mollaan Babbington Group, Co-Listing Team: Mollaan Babbington Group,Co-Listing Agent: Margaret M. Babbington 240-460-4007,
Compass
Bought with:
Angelo Industrious
Keller Williams Capital Properties
Source: Bright MLS,MLS#: DCDC2137154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 320
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Natural Gas
Appliances
- Included: Dishwasher, Disposal, Washer, Dryer, Refrigerator, Oven/Range - Gas, Gas Water Heater
Features
- Dry Wall
- Flooring: Laminate
- Basement: Rear Entrance,Sump Pump,Other
- Has fireplace: No
Interior area
- Total structure area: 2,960
- Total interior livable area: 2,640 sqft
Property
Parking
- Parking features: Enclosed, On Street, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Pool features: None
Lot
- Size: 3,041 sqft
- Features: Urban Land-Sassafras-Chillum
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 4079//0820
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Federal
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
- Roof: Flat
Condition
- Very Good
- New construction: No
- Year built: 1942
- Major remodel year: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Water Available, Electricity Available
Community & neighborhood
Location
- Region: Washington
- Subdivision: Trinidad
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2024 | Sold | $1,114,000+1.4%$422/sqft |
Source:  Bright MLS #DCDC2137154 | ||
| 5/20/2024 | Contingent | $1,099,000$416/sqft |
Source: Bright MLS #DCDC2137154 | ||
| 4/10/2024 | Price change | $1,099,000-2.3%$416/sqft |
Source: Bright MLS #DCDC2124978 | ||
| 3/20/2024 | Listed for sale | $1,125,000-4.3%$426/sqft |
Source: Bright MLS #DCDC2124978 | ||
| 2/11/2024 | Contingent | $1,175,000$445/sqft |
Source: Bright MLS #DCDC2124978 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,351 -15.5% | $719,430 -3.5% |
| 2024 | $6,335 +4.4% | $745,320 +4.4% |
| 2023 | $6,071 +9% | $714,210 +9% |
Find assessor info on the county website
Neighborhood: Trinidad
Nearby schools
GreatSchools rating
- 4/10Wheatley Education CampusGrades: PK-8Distance: 0.4 mi
- 3/10Dunbar High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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