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Back to search Home Countries United States Washington 1010-1012 16th St NE, Washington, DC, 20002
$745,000

1010-1012 16th St NE, Washington, DC, 20002

1010-1012 16th St NE, Washington, DC, 20002
6 beds Single Family

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

Features & finishes
Year Built: 1940

Location

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Listing information

Original source
www.redfin.com
Added to Mirror

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