ADDRESS
1004 King Street
Alexandria, VA 22314
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$2,500,000
34 Days On Site
1732 TRINIDAD AVENUE 1736 NEWASHINGTON, DC 20002
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
9,655
SqFt
$259
/SqFt
1938
Built
County:
WASHINGTON
Listing courtesy of District Real Estate, LLC.
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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.
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Listing Snapshot
Price
$2,500,000
Days On Site
34 Days
Bedrooms
N/A
Inside Area (SqFt)
9,655 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1938
MLS® Number
DCDC2210828
Status
Active
Property Tax
$15,977.61
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
General Features
Parking
PavedParking Lot
Parking Spaces
5
Sewer
Public Sewer
Special Circumstances
Real Estate Owned
SqFt Total
9655
Water Source
Public
Zoning
C2A
Interior Features
Appliances
Gas Water Heater
Cooling
Ceiling Fan(s)
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Brick
Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
WHEATLEY EDUCATION CAMPUS
Middle School
WHEATLEY EDUCATION CAMPUS
High School
DUNBAR SENIOR
Listing courtesy of District Real Estate, LLC.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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