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1111 16TH Street NE

WASHINGTON, DC 20002
  • $1,549,999
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: DCDC2176364
UPDATED: 74 min ago
$1,549,999
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,152
    SQFT
  • $373
    $/SQFT
Type:
Multi-Family
Built:
1952
County:

School Ratings & Info

Description

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.Dont 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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-19T11:56:20.91.
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1111 16TH Street NE WASHINGTON, DC 20002

  • Price: $1,549,999
  • Status: Active
  • On Site: 19 Days
  • Updated: 74 min ago
  • ID#: DCDC2176364
0
Beds
0
Baths
0
½ Baths
0.06
Acres
4,152
SQFT
$373
$/SQFT
1952
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
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.Dont 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.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On StreetOff Street Pool No Pool Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4152 Below Grade Finished Area 0 Below Grade Unfinished Area 670 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Original MLSNumber 803603454878 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 6229.00 Tax Lot 60 Vacation Rental YN No Water Source Public Zoning R4

Listing courtesy of Smart Realty, LLC: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-19T11:56:20.91.
 
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Erik Hoferer & Associates | Long & Foster
314 E Main Street Unit 406
Newark DE, 19707