Washington, DC 20002 1942 I Street NE
$825,000
0 more
Presented By: Keller Williams Capital Properties
Beds • 4
Beds • 4Home Details
Discover the potential of this well-maintained multi-family in booming Trinidad / Carver-Langston. Featuring four one-bedroom, one-bathroom units, this property is a prime choice for investors or first-time homebuyers looking to capitalize on a growing market. Investors will appreciate the building's solid rental history and the robust demand for housing in the area. 75% tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can move into the open unit, offset expenses with rental income, and build equity fast. The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.
Presented By: Keller Williams Capital Properties
Interior Features for 1942 I Street NE
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Avg. Heating Oil Per Month0.0
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 1942 I Street NE
Acceptable FinancingBank Portfolio, Cash, Conventional, FHA, FHA 203(k), Private, USDA, VA
AccessibilityNone
Architectural StyleFederal
Association Recreation FeeN
Avg. Electric Per Month0.0
Avg. Gas Per Month0.0
Avg. Water Per Month210.0
Cap Rate0.04
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyWASHINGTON
DirectionsOff of Maryland Ave NE between 19th and 21st.
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Prop Disclosure
ExclusionsPlease see disclosures.
Garage Y/NNo
Gross Income47328.00
HeatingRadiator
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeMonth to Month
Legal SubdivisionTrinidad
Lot Size Square Feet2432.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-31T16:00:19
Net Operating Income33753.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
NumberOfUnitsVacant1
One Bedroom Units Count4
Other StructuresAbove Grade, Below Grade
OwnerPaysCommon Area Maintenance, Miscellaneous, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
OwnershipFee Simple
PossessionNegotiable, Settlement, Subject to Existing Lease
Price Per Sq Ft Total AG348.4
Property ConditionAverage
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofUnknown
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Security FeaturesMain Entrance Lock
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameTRINIDAD
Tax Annual Amount6381.0
Tax Assessed Value742940.0
Tax Lot21
Tax Year2024
Total Actual Rent47328.00
Total SQFT2368
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1942
Year Built SourceAssessor
ZoningRA-2
Exterior for 1942 I Street NE
Exterior AmenitiesStreet Lights, Sidewalks
Foundation DetailsSlab
InclusionsPlease see disclosures.
Land Assessed Value365180.00
Land Use Code
Lot Size Acres0.06
Lot Size SourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces2
PoolNo Pool
Soil TypesUnknown
SpaNo
Total Parking Spaces2
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Schools
High School
Eastern High School
Elementary School
Browne Education Campus Elementary School
Middle School
Browne Education Campus Middle School
