1143, 1145, 1147 16th STREET NE

$5,050,000

1143, 1145, 1147 16th STREET NE, Washington, DC 20002

Coming Soon

MLS® ID: DCDC2114074

  • 1,782 Sq.Ft.
  • 12,255 Sq.Ft.
  • 2023 BUILT

Property Details

Nearly complete. With the rental prices continuing to rise in DC, these 6 x luxury condo style townhome conversions with 6 parking spaces is the landlord's dream come true. In the up and coming Trinidad area, close to the H-Street Street car line and one block from Bladensburg, you can get a 4.6 cap by renting out at $3600 a month. Leveraging with financing can increase your cap rate greatly. Drive by the nearly completed site first and then contact the listing agent to make an offer. Only valid until we ratify THREE units of the six. All six listed as condo offerings currently.

Amenities

Exterior & Building

  • water Source Public
  • sewer Public Sewer
  • Substructure Frame

Financial Details

  • Sales Price $5,050,000

Area & Lot

  • Status Coming Soon
  • Living Area 12,255 Sq.Ft.
  • Lot Area 1,782 Sq.Ft.
  • MLS® ID DCDC2114074
  • Type Commercial
  • Year Built 2023
  • View Description City
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