About 1111 16th St Ne
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.
Features of 1111 16th St Ne
| MLS® # | DCDC2276398 |
|---|---|
| Price | $499,500 |
| Bathrooms | 0.00 |
| Square Footage | 4,152 |
| Acres | 0.06 |
| Year Built | 1952 |
| Type | Multi-Family |
| Sub-Type | Other,Other |
| Style | Other |
| Status | Active |
Community Information
| Address | 1111 16th St Ne |
|---|---|
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20002 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Construction | Brick |
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Zoning | R4 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RLAH @properties |
|---|---|
| Contact Info | (301) 652-0643 |
