About 1916-1918 M St Ne
HUGE Price Reduction. Don't miss out on your opportunity to own this vacant income producing 6 units property. Beautifully Renovated (2023) Vacant 6 Unit Building in the "Trinidad" Neighborhood of NE, Washington, DC, Adjacent to The National Arboretum **Gross Potential Annual Rent Of $240,000** Indulge in the brilliance of this property's renovations and offer tenants an unmatched living experience in Trinidad. An investment that combines charm with modern comforts. Overview: - Currently vacant, offering a strong opportunity for consistent return. - According to a recent Matterport blueprint the building includes approximately 5,000 total square feet. - Located in the sought-after Trinidad neighborhood of NE, Washington, putting tenants in the heart of culture, dining, and entertainment. Close to H Street, Noma, and Union Market. Adjacent to The National Arboretum. 2023 Full-Scale Renovations: - Comprehensive gut renovation, breathing new life into every corner. Modernized infrastructure: - All-new electrical systems. - New plumbing to provide a hassle-free living experience. Aesthetic and Functional Upgrades: - Fresh drywall throughout, offering a blank canvas for tenants. - State-of-the-art kitchens featuring the latest appliances. - High-end bathrooms. - New flooring. - Replacement windows that blend style with energy efficiency. Luxury Amenities: - Convenience: Integrated stacked washer/dryers in all units. All units have dishwashers. - Comfort: Individual hot water heaters, forced-air heat and central air conditioning in every apartment. - Parking for all units. Surface lot in rear for 6 cars giving the opportunity for additional rental income. Additional parking permits available for street parking through DC DMV. Utility Information: - Separate gas and electric meters for each unit, facilitating straightforward billing. “Property is being made available exclusively through Hubzu Online Auction. Please submit all offers on Hubzu.com for consideration.” Seller will consider all reasonable offers.
Features of 1916-1918 M St Ne
| MLS® # | DCDC2132056 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,322 |
| Acres | 0.11 |
| Year Built | 1939 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 1916-1918 M St Ne |
|---|---|
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20002 |
Amenities
| Parking | Paved Parking |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 12th, 2024 |
|---|---|
| Days on Market | 40 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Lisa Wright |
|---|---|
| Listing Office | Stonegate Realty Group, LLC |
| Listing Office Phone | 2023873026 |