This 8-unit multifamily property offers investors a rare blend of value-add potential and stable cash flow in Washington, D.C.'s in-demand Trinidad neighborhood. Some units recently renovated, and others undergoing upgrades, the asset features larger 3-4 bedroom units tailored for workforce housing, with 6 occupied units generating $14,706/month ($176,472/year) and 2… Read More vacant units ready for tenant placement pending business license updates. The property benefits from Section 8 tenants, ensuring consistent rental income. Key Features Unit Mix Optimized for Rent Growth: Five 3-bedroom units (663 SF, avg. $2,765/month) One 4-bedroom unit (935 SF, vacant - premium rent potential) Two 2-bedroom units (398 SF, avg. $1,838/month) Pro Forma Upside: Immediate occupancy of 2 vacant units (+$5,800/month potential) could lift annual gross income to $248,472 (+41%). Prime Location: Situated in Trinidad, a rapidly developing area with proximity to Union Market, H Street Corridor, and Capitol Hill. Read Less
Courtesy of Fritz Hubig, District Real Estate, LLC. [email protected]
Listing Snapshot
Days Online
14
Last Updated
Property Type
Five Or More Units
Square Ft.
9,655
Year Built
1938
MLS Number
DCDC2210828
30 Days Snapshot Of 20002
$765k
-5%
(avg) sold price
56
+3%
homes sold
70
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
9,655 net sqft, 9,655 total building sqft, Built in 1938, 8 units in building, Brick
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