1010-1012 16th St NE, Washington, DC, 20002
Property facts
- Property type
- Single Family
- Bedrooms
- 6
- Lot size
- 3,808 sqft lot
Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.
About this home
Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 0 • Square Feet: [object Object] • Lot/Size: 3,808 sqft lot
Description: Prime corner-lot multifamily opportunity (1010 & 1012 16th St NE) positioned directly in the path of growth. This 6-unit asset spans across two buildings and features (6) spacious 1BD/1BA + den layouts, each with the potential to be converted into 2-bedroom units—unlocking significant rental upside. At full optimization, Section 8 rents are projected up to $2,545 for 2-bedroom units at this address. The property currently contains 3 vacant units and 3 occupied units at below-market rents. The (3) occupied units are all on month-to-month leases. This asset offers immediate value-add through lease-up and strategic repositioning. Projected stabilized NOI is approximately $95,662+ (
Features & amenities
Location
If the interactive map is unavailable, open the supplied location in maps.
Open location in mapsThe pin uses coordinates supplied with this listing. Confirm the exact location with the listing contact.
Listing information
- Original source
- www.redfin.com
- Added to Mirror
Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.
View original listingSimilar homes nearby