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1942 I Street NE

WASHINGTON, DC 20002
  • $825,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: DCDC2171740
UPDATED: 58 min ago
$825,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,368
    SQFT
  • $348
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-15T17:51:22.367.
www.ericaskewhomes.com/homes/158755995
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1942 I Street NE WASHINGTON, DC 20002

  • Price: $825,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 58 min ago
  • ID#: DCDC2171740
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,368
SQFT
$348
$/SQFT
1942
Built
Neighborhood:
Trinidad
County:
Washington
Elementary School:
Browne Education Campus
Middle School:
Browne Education Campus
High School:
Eastern
School District:
District Of Columbia Public Schools
Property Description
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.
Exterior Features

Architectural Style Federal Construction Materials Brick Exterior Features Street LightsSidewalks Garage YN No Other Structures None Parking Types Off Street Pool No Pool Property Condition Average Roof Unknown Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2368 Above Grade Unfinished Area 0 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Please see disclosures. Fireplace YN No Heating Radiator Heating YN Yes Inclusions Please see disclosures. Security Features Main Entrance Lock Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

Property Features

Acceptable Financing Bank PortfolioCashConventionalFHAFHA 203(k)PrivateUSDAVA Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street 21st Street NE Existing Lease Type Month to Month Foundation Details Slab Gross Income 47328.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N Net Operating Income 33753.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 4 Number Of Units Vacant 1 Operating Expense Includes Trash Original MLSNumber 803526950458 Owner Pays Common Area MaintenanceMiscellaneousRepairsSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 6381.00 Tax Lot 21 Total Actual Rent 47328.00 Transportation Airport less than 10 milesBus Stop less than 1 mileMetro/Subway Station less than 1 mile Vacation Rental YN No Water Source Public Zoning RA-2 Zoning Description The RA-2 zone provides for areas developed with predominantly moderate-density residential.

Listing courtesy of Keller Williams Capital Properties: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-15T17:51:22.367.
 
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Eric Askew | RE/MAX Experience
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Pasadena MD, 21122