About This Home

This 0-bedroom, 0-bathroom residential multi family at 1239 MEIGS PL NE in Washington, DC is listed for $1,400,000. Built in 1940, on a 0.04 acres lot.

Key Features

  • Built in 1940
  • 0.04 acre lot

Property Details

1940
Listing Description

Calling all investors! This 4-unit multifamily property in the heart of Trinidad offers a rare turnkey renovation opportunity in one of DC's most vibrant and rapidly appreciating neighborhoods. The building has sustained fire damage but is sound. The property features four spacious 1-bedroom units, fully vacant and ready for your vision, whether that's a full gut renovation or a boutique rental portfolio addition.

The property has off street parking for up 3-4 cars. Trinidad is a dynamic, community-oriented neighborhood offering unbeatable convenience: close to Union Market's acclaimed dining and shopping complex, enjoy easy access to nearby universities, and take your pick of local restaurants and grocery stores just steps away.

With Metro access nearby and only minutes to downtown DC and Capitol Hill, this location is a strong draw for future tenants seeking an urban lifestyle with easy commuting options. With all four units vacant, investors have full flexibility to renovate on their own timeline and maximize rental income potential in a neighborhood experiencing strong demand and continued growth. Don't miss this opportunity to invest in one of DC's up-and-coming corridors.

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

1239 MEIGS PL NE

Washington, DC 20002

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1239 MEIGS PL NE is listed at $1,400,000. The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.04 acre lot.

This property is listed by Wendy Gadson.

WG

Wendy Gadson

Agent at Chevy Chase Circle

Listed by Chevy Chase Circle

MLS# DCDC2274902· Source: listhub· 2 days on market

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1239 MEIGS PL NE, Washington, DC 20002

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