Property

Washington, DC 20002 1111 16Th Street NE

$1,549,999

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Presented By: Smart Realty, LLC
  • MLS# DCDC2176364
  • 01/30/2025
  • Request Tour
  • Request Info
  • Beds • 4

Home Details

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 geman investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
Presented By: Smart Realty, LLC

Interior Features for 1111 16Th Street NE

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 1111 16Th Street NE

AccessibilityNone
Architectural StyleOther
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsPlease follow the GPS.
Garage Y/NNo
HeatingForced Air
Legal SubdivisionTrinidad
Lot Size Square Feet2500.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-01-30T15:13:01
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG373.31
Property SubtypeOther
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount6229.0
Tax Assessed Value706830.0
Tax Lot60
Tax Year2024
Total SQFT4822
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1952
Year Built SourceAssessor
ZoningR4

Exterior for 1111 16Th Street NE

Land Assessed Value449680.00
Land Use Code
Lot Size Acres0.06
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,549,999
MLS#DCDC2176364
List Date 01/30/2025
Property Type Multi-Family
Phone (973) 332-3022
Request Tour
Request Info
Visit My Website

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