Listed By:
Coldwell Banker Realty - Washington
Address
1916 M Street NE, Washington, DC
Price
$ 1,999,900
Property Attributes
  • MLS#DCDC2143330
  • TypeCommercial
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodTrinidad
  • Zip20002
  • StyleApartment Building
  • Year Built1939
  • Taxes$ 4757
  • Price$ 1,999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5322
  • Lot Size0.11 Acres
Data Source:
Bright MLS
Property Description

***6 UNITS - 3 BED/2BATH EACH DEVELOPMENT***We welcome you to 1916-1918 M Street NE, a beautifully newly renovated 6 unit building in the subdivision of Trinidad adjacent to The National Arboretum. Each unit offers 3 bedrooms and 2 full baths with approximately 900 s/f of living space. As you enter inside, you will be captivated by the attention to detail and its contemporary style. Each level invites you with an open floor plan, showcasing bold engineered hardwood floors, and tons of natural light. Complimenting the living/dining room area, you will be captivated by its gourmet-like kitchen, featuring quartz countertops, stainless steel appliances, and shaker cabinets. Each unit is self-contained with individual hot water tanks, central air conditioning and heat, and integrated washer/dryer system. Off-street parking conveys with each unit. INVESTOR DELIGHT - Gross potential annual income up to $230,400 ($3,200 each through the Voucher Program) with a cap rate of 10%. The building is completely VACANT NO TOPA INVOLVED. This multi-unit opportunity offers tranquility and convenience, with easy access to I-295, Route 50, H Street Corridor, NOMA, Union Market, the National Arboretum and metro. Don't miss the opportunity to own a solid masterpiece.

Price History
5/24/2024 Listed $1,999,900

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning RESIDENTIAL
Construction Materials Brick
Year Built 1939
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction No
Property Type Commercial Sale
Subdivision Name TRINIDAD
Water Access Y/N No
Status ACTIVE
Directions Refer to GPS
ModificationTimestamp 2024-06-06T09:54:14
City WASHINGTON
Buyer Agent Compensation 2.25
NumberOfUnitsTotal 4
Lot Size Units Square Feet
Lot Size Square Feet 4664.00
Tax Assessed Value 1079010.0
Waterfront Y/N No
Street Name M
Tax Annual Amount 4757.0
Price Per Sq Ft Total 375.78
Vacation Rental Y/N No
Virtual Tour https://homevisit.view.property/2206273?idx=1&pws=1
Days on Market 14
Standard Status Active
Year Built Source Estimated
Legal Subdivision Trinidad
Tax Lot 14
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Parking Features Paved Parking
Water Source Public
Total Parking Spaces 6
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 5322.00
Lot Size Acres 0.11
Lot Size Source Estimated
Soil Types Unknown
Land Assessed Value 434870.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20002

Price
AVG $1.27M
$2M
Taxes
AVG $38,622
$4,757
Visits
AVG 254
145
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1939

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