DC > Washington
Washington, DC 20002,1111 16TH ST NE
Washington, DC 20002,1111 16TH ST NE
Washington, DC 20002,1111 16TH ST NE
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Jonathan Granlund

Jonathan Granlund

+1(703) 537-6747
$1,549,999
Est. payment /mo
4,152 SqFt
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UPDATED:

01/30/2025 07:13 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,152 sqft

Price per Sqft $373

MLS Listing ID DCDC2176364

Style Other

Abv Grd Liv Area 4,152

Originating Board BRIGHT

Year Built 1952

Annual Tax Amount $6,229

Tax Year 2024

Lot Size 2,500 Sqft

Acres 0.06

Property Sub-Type Other

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.

Location

State DC

County Washington

Zoning R4

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4077//0060

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Asila Sayedi • Smart Realty, LLC
agent-avatar

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA, 22102

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1111 16TH ST NE

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