1111 16th St Ne, Washington, DC 20002

$499,500
: 4,152
SqFt

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List Price: $499,500
Days on Market: 45
Status: ACTIVE
MLS#: DCDC2276398
Living Area: 4,152
Lot Size (Acres): 0.06
Style: Other
Year Built: 1952
County: Washington DC
School District: District Of Columbia Public Schools

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Property Description

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. Don’t miss this rare multi-unit gem—an investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.

(301) 943-0355

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Additional Information

Taxes: $5653
School District: District Of Columbia Public Schools
Heating: Forced Air
Heating Fuel: Electric
Cooling: Central A/C
Water: Public
Sewer: Public Sewer