1111 16th Street NE
Washington, DC 20002
- – beds
- – baths
- 4,152 sqft
- 2,500 sqft lot
- $373 per sqft
- 1952 build
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.
Listing courtesy of BRIGHT / Smart Realty, LLC
Last checked:
Checking…
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Last updated Jan 31, 2025
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MLS# DCDC2176364 —
The Building
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Year Built:1952
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:4
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Structure Type:Other
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Architectural Style:Other
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Accessibility Features:None
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Total SqFt Source:Assessor
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Total Below Grade SqFt:670
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:4152
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:4822
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Living Area SqFt:4,152 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:Please follow the GPS.
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Latitude:38.90474000
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Longitude:-76.98116000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot SqFt:2,500 Sqft
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Zoning:R4
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Soil Types:Unknown
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 398-9355
- Office phone:
- (301) 445-1395
Taxes
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Tax ID Number:4077//0060
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Tax Year:2024
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Tax Lot:60
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Tax Annual Amount:$6,229
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Tax Assessed Value:$706,830
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Year Assessed:2024
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City/Town Tax:6229.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street, Off Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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One Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/30/25
Jan 30, 2025
|
Listed / Active | BRIGHT | $1,549,999 |