1732-1736 TRINIDAD AVE NE new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,655 sqft
Price per Sqft $258
MLS Listing ID DCDC2210828
Year Built 1938
Annual Tax Amount $15,977
Tax Year 2010
Property Sub-Type Five Or More Units
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.
Location
State DC
County Washington
Zoning C2A
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Ceiling Fan(s)
Exterior
Garage Spaces 5.0
Water Access 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
Special Listing Condition Bank Owned/REO