Property

Washington, DC 20002 1258 Simms Place NE

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Presented By: Keller Williams Capital Properties
  • MLS# DCDC2211490
  • 07/17/2025
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  • Beds • 7

Home Details

This fully renovated 4-unit building at 1258 Simms Pl NE is a prime, turnkey investment opportunity in the heart of the rapidly appreciating Trinidad neighborhood of Washington, DC. With three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, this asset is 100% move-in readyno updates needed. Each unit features LVP flooring throughout, tile in the bathrooms, and appliances including a stove, refrigerator, dishwasher, disposal, and in-unit washer & dryer. The layouts include bonus rear dens in every unit, adding valuable extra living space or entertainment space. All units are individually metered, providing long-term flexibility and control. With current HUD rental rates of $1,913.67 for 2-bedroom units and $1,687.00 for the 1-bedroom, this building offers strong cash flow potential right out of the gate. Ideally located near Union Market, H Street Corridor, and Gallaudet University, the property is surrounded by vibrant dining, retail, and entertainment optionsplus easy access to DC Streetcar and bus lines makes it highly attractive to renters. Whether youre focused on steady rental income or long-term value appreciation, this is a low-maintenance, high-upside asset in one of DCs most resilient rental markets.
Presented By: Keller Williams Capital Properties

Interior Features for 1258 Simms Place NE

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2
Window FeaturesDouble Pane

General for 1258 Simms Place NE

Acceptable FinancingVA, FHA, Cash, Conventional, FHA 203(k)
AccessibilityNone
AppliancesDishwasher, Disposal, Dryer, Freezer, Oven - Double, Stove, Washer
Architectural StyleOther
Association Recreation FeeN
CityWASHINGTON
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingWall Unit
CountyWASHINGTON
DirectionsFrom West Virginia Ave., turn left on Mount Olivet then make an immediate right on Montello then first left on Simms Place.
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Prop Disclosure, Prop Disclaimer
Garage Y/NNo
HeatingForced Air
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeMonth to Month
Legal SubdivisionTrinidad
Lot Size Square Feet3500.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-09-10T14:49:17
New ConstructionNo
Number Of Units Total4
Number of Units Leased1
NumberOfUnitsVacant3
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 AG355.36
Property ConditionGood
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeOther
Tax Annual Amount7749.0
Tax Assessed Value878870.0
Tax Lot131
Tax Year2024
Total SQFT3400
TransportationMetro/Subway Station 1 to 3 miles, Bus Stop less than 1 mile
Two Bedroom3
UtilitiesCable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1936
Year Built SourceAssessor
ZoningR4

Exterior for 1258 Simms Place NE

Land Assessed Value514150.00
Land Use Code
Lot Size Acres0.08
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUrban Land-Cristiana-Sunnysider
SpaNo
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Jonathan Lockette

Associate
Price $995,000
MLS#DCDC2211490
List Date 07/17/2025
Property Type Contingent
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