About This Home
This 0-bedroom, 0-bathroom residential multi family at 1729 TRINIDAD Avenue NE in Washington, DC is listed for $869,000 ($268 per sqft). Built in 1920, the home offers 3,244 sqft of living space on a 0.08 acres lot.
Key Features
- Built in 1920
- 0.08 acre lot
Property Details
Amenities
Make up to 1,000,000.00 MILLION dollars * INVESTMENT OPORTUNITY* !!! New architectural drawings available. Future development potential*: - 4 unit condominium each unit 3 bed, 2.5 bath: Total SF: 8133 SF Unit A: 1860 SF @ 360 $/SF= 669,600.00 Unit B: 1869 SF @ 360 $/SF= 672,840.00 Unit C: 1980 SF @ 410 $/SF= 811,800.00 Unit D: 1994 SF @ 410 $/SF= 8
17,540.00 Common Area: 431 SF - Total Gross proceeds: 2,971,780.00 Less initial investment @ 849,000.00 Less carrying cost, construction cost, interest, ect @ 900,000.00 - Total potential net PROFIT*: 1,222,780 Current status of the building : - 4 units , FULLY occupied, all of them 1 bed +1 bath+ den - Total building Size 3244 SF** - Currently ren
ted @: Apt 1: 1375,- + utilities, landlord pays trash/water/sewer Apt 2: 1400,- + utilities, landlord pays trash/water/sewer Apt 3: 1400,- + utilities, landlord pays trash/water/sewer Apt 4 1425,- + utilities, landlord pays trash/water/sewer - Annual Gross income: 66,900,- - Expenses (estimated) : water, sewer, taxes, insurance, ect : 15369,- - NOI (net operating income) : 51,531 - Current Cap rate: 4.6% STRICTLY SOLD AS IS !
*Not a financial advice, actual results might differ. **According to tax records *** pictures and plans for informational purposes only and might not present actual condition.
Monthly Cost Estimate
$4,648/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1729 TRINIDAD Avenue NE
Washington, DC 20002
TRINIDAD
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1729 TRINIDAD Avenue NE is listed at $869,000 ($268/sqft). The estimated monthly payment is $4,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.08 acre lot.
This property is listed by Alexandra I Burrell-Hodges and can be reached at 7038191023.
