Washington, DC 20002,1274 MEIGS PL NE
Washington, DC 20002,1274 MEIGS PL NE
Washington, DC 20002,1274 MEIGS PL NE
$900,000
Est. payment /mo
$799,900
12.5%
Est.Price: ?

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3,210 SqFt
SOLD DATE : 01/23/2024

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,210 sqft

Price per Sqft $280

Subdivision Trinidad

MLS Listing ID DCDC2119078

Sold Date 01/23/24

Style Other

Abv Grd Liv Area 3,210

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $3,601

Tax Year 2022

Lot Size 1,637 Sqft

Acres 0.04

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**

Location

State DC

County Washington

Zoning RF1

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4055//0133

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Seller Financing

Listing Terms Conventional, Seller Financing

Financing Conventional,Seller Financing

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Melvin S Yates II • EXP Realty, LLC
Bought with Nathaniel Tate • RE/MAX Allegiance

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agent

Irma Rodriguez

+1(302) 357-1823

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