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Listed by Frederick Hubig • District Real Estate, LLC.
$2,500,000
Est. payment /mo
Active
1732-1736 TRINIDAD AVE NE Washington, DC 20002
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2210828
Year Built 1938
Annual Tax Amount $15,977
Tax Year 2010
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This 8-unit multifamily property offers investors a rare blend of value-add potential and stable cash flow in Washington, D.C.'s in-demand Trinidad neighborhood. Some units recently renovated, and others undergoing upgrades, the asset features larger 3-4 bedroom units tailored for workforce housing, with 6 occupied units generating $14,706/month ($176,472/year) and 2 vacant units ready for tenant placement pending business license updates. The property benefits from Section 8 tenants, ensuring consistent rental income.
Key Features
Unit Mix Optimized for Rent Growth:
Five 3-bedroom units (663 SF, avg. $2,765/month)
One 4-bedroom unit (935 SF, vacant – premium rent potential)
Two 2-bedroom units (398 SF, avg. $1,838/month)
Pro Forma Upside: Immediate occupancy of 2 vacant units (+$5,800/month potential) could lift annual gross income to $248,472 (+41%).
Prime Location: Situated in Trinidad, a rapidly developing area with proximity to Union Market, H Street Corridor, and Capitol Hill.
Key Features
Unit Mix Optimized for Rent Growth:
Five 3-bedroom units (663 SF, avg. $2,765/month)
One 4-bedroom unit (935 SF, vacant – premium rent potential)
Two 2-bedroom units (398 SF, avg. $1,838/month)
Pro Forma Upside: Immediate occupancy of 2 vacant units (+$5,800/month potential) could lift annual gross income to $248,472 (+41%).
Prime Location: Situated in Trinidad, a rapidly developing area with proximity to Union Market, H Street Corridor, and Capitol Hill.
Location
State DC
County Washington
Zoning C2A
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Ceiling Fan(s)
Heat Source Electric
Exterior
Garage Spaces 5.0
Water Access N
Accessibility Other
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Wheatley Education Campus
Middle Schools Wheatley Education Campus
High Schools Dunbar Senior
School District District Of Columbia Public Schools
Others
Tax ID 4052//0176
Ownership Other
Special Listing Condition Bank Owned/REO
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