Property for Auction. For interior access please allow 3 days to schedule. ***Submit an offer through Aution's portal.***
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.
Dont miss this rare multi-unit geman investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
Presented By: Smart Realty, LLC
Interior Features for 1111 16Th Street NE
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1111 16Th Street NE
AccessibilityNone
Architectural StyleOther
Auction TypePublished Minimum Reserve Bid
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsPlease follow the GPS.
Garage Y/NNo
HeatingForced Air
Legal SubdivisionTrinidad
Lot Size Square Feet2500.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-11T14:50:57
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG349.23
Property SubtypeOther
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
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