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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.
FORECLOSURE
DAYS ON MARKET | 1 | LAST UPDATED | 8/1/2025 |
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YEAR BUILT | 1938 | COUNTY | WASHINGTON |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
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Elementary School | WHEATLEY EDUCATION CAMPUS |
Jr. High School | WHEATLEY EDUCATION CAMPUS |
High School | DUNBAR SENIOR |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
CONSTRUCTION | Brick |
HEAT | Baseboard, Electric |
PARKING | Paved, Parking Lot |
SEWER | Public Sewer |
TAXES | 15977.61 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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