1274 Meigs Ne Place NE, Washington, DC 20002

$900,000
8
BD
4
BA
4,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$900,000
List Price
$799,900
Closing Date
Jan 23, 2024
Days on Market
14
Status
CLOSED
MLS#
DCDC2116338
Bedrooms
8
Bathrooms
4
Full Baths
4
Living Area
4,000
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1940
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

4-Unit Apartment Building Opportunity in Trinidad & NOMA - Investor's Dream! See the Home Showcase Tour PLUS the 3-D Tour *Location: 1274 Meigs Place, NE Washington DC 20002 *Unit Specs: Each of 4 Units - 2 Bedrooms, 1 Bathroom, Approx. 1,000 sq ft *Exterior: All-brick PLUS an Addition, Parking, Outdoor Entertaining Space *Potential: Perfect for Condo Conversion or Continued Use as an Apartment Building *Comparison: Next-door building converted to 3-bedroom condos, sold up to $699,000 each (X4)!!! *Unique Features: Lower-level storage, potential for Basement Units PLUS a 3rd Level & a Rooftop Deck! *Current Condition: Delivered Vacant & will need more than a little paint & carpet.. Investment Highlights: *Location Advantage: Situated in the booming areas of Trinidad & NOMA, envision the limitless possibilities *Condo Conversion Ready: The structural integrity and layout make this building an ideal candidate for a profitable condo conversion *ROI Opportunity: When you know the ARV, investing in this property becomes a no-brainer *Customization: Comes with the freedom to incorporate modern design elements like spiral staircases and stainless steel railings *Vision Required: This isn't a mere 'fix and flip.' A discerning eye will see this for what it is...a cash cow The Big Picture This is not for the faint of heart or the weekend warrior; this is an investor's dream that calls for a grand vision. Picture the roaring views from a potential rooftop deck, and you'll know this is the opportunity of a lifetime. Given the market trends in Trinidad & NOMA, this is an investment that will exceed expectations. For more details or to schedule a viewing, don't hesitate—this is a fast-evolving area, and opportunities like this are rare. Would you like to be the one who leveraged this opportunity? Reach out today. **Safety Disclosure Approval is required to show since 2 units are mid-renovation**

Additional Information

Subdivision
Trinidad
Taxes
$3601
School District
District Of Columbia Public Schools
View
City
Heating
Hot Water
Heating Fuel
Electric
Cooling
None
Roof
Flat
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact:

Selling Office: .