NOT LISTED FOR SALE
-- Bed
-- Bath
5,322 Sq Ft
4,664 Sq Ft Lot

Last Sold November 15, 2024

Last sale price $1,965,000 $369 Per Sq Ft

56 Days on Market

About This Home

As of November 2024

***NEW PRICE***NEWLY RENOVATED***6 UNIT - 3 BED/2BATH EACH DEVELOPMENT***We welcome you to 1916-1918 M Street NE, a beautifully newly renovated 6 unit building in the subdivision of Trinidad adjacent to The National Arboretum. Each unit offers 3 bedrooms and 2 full baths with approximately 900 s/f of living space. As you enter inside, you will be captivated by the attention to detail and its contemporary style. Each level invites you with an open floor plan, showcasing bold engineered hardwood floors, and tons of natural light. Complimenting the living/dining room area, you will be captivated by its gourmet-like kitchen, featuring quartz countertops, stainless steel appliances, and shaker cabinets. Each unit is self-contained with individual hot water tanks, central air conditioning and heat, and integrated washer/dryer system. Off-street parking conveys with each unit. INVESTOR DELIGHT - Gross potential annual income up to $230,400 ($3,200 each through the Voucher Program) with a cap rate of 10%. The building is completely VACANT – NO TOPA INVOLVED. This multi-unit opportunity offers tranquility and convenience, with easy access to I-295, Route 50, H Street Corridor, NOMA, Union Market, the National Arboretum and metro. Don't miss the opportunity to own a solid masterpiece.

Last Listed By

Alvin Rice

Coldwell Banker Realty - Washington License #SP98363611 Listed on: 05/17/2024

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,757

Year Built

  • Built in 1939 | Remodeled in 2023

Lot Details

  • 4,664 Sq Ft Lot

Home Design

  • 5,322 Sq Ft Home
  • Federal Architecture
  • Brick Exterior Construction

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 4446//0014

Community Details

Overview

  • 4 Units
  • Trinidad Subdivision

Building Details

  • 6 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,757

Year Built

Built in 1939 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-05-23
  • Year Built: 1939
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Remarks Public: ***NEW PRICE***NEWLY RENOVATED***6 UNIT - 3 BED/2BATH EACH DEVELOPMENT***We welcome you to 1916-1918 M Street NE, a beautifully newly renovated 6 unit building in the subdivision of Trinidad adjacent to The National Arboretum. Each unit offers 3 bedrooms and 2 full baths with approximately 900 s/f of living space. As you enter inside, you will be captivated by the attention to detail and its contemporary style. Each level invites you with an open floor plan, showcasing bold engineered hardwood floors, and tons of natural light. Complimenting the living/dining room area, you will be captivated by its gourmet-like kitchen, featuring quartz countertops, stainless steel appliances, and shaker cabinets. Each unit is self-contained with individual hot water tanks, central air conditioning and heat, and integrated washer/dryer system. Off-street parking conveys with each unit. INVESTOR DELIGHT - Gross potential annual income up to $230,400 ($3,200 each through the Voucher Program) with a cap rate of 10%. The building is completely VACANT – NO TOPA INVOLVED. This multi-unit opportunity offers tranquility and convenience, with easy access to I-295, Route 50, H Street Corridor, NOMA, Union Market, the National Arboretum and metro. Don't miss the opportunity to own a solid masterpiece.
  • Special Features: 4098
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5322
  • Living Area Sq Ft: 5322
  • Price Per Sq Ft: 375.78
  • Above Grade Finished Sq Ft: 5322
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1916

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4664.00
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4757.00
  • Assessor Parcel Number: 4446//0014
  • Tax Lot: 14
  • Tax Year: 2022
  • Close Date: 11/15/2024

Multi Family

  • Number Of Units Vacant: 6
  • Other Units: Unit 1,Unit 1,Unit 2,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $1,965,000 -1.7% $369 / Sq Ft
08/14/2024 08/14/24 For Sale $1,999,900 0.0% $376 / Sq Ft
07/16/2024 07/16/24 Off Market $1,999,900 -- --
07/12/2024 07/12/24 Pending -- -- --
05/24/2024 05/24/24 Price Changed $1,999,900 -2.4% $376 / Sq Ft
05/17/2024 05/17/24 For Sale $2,050,000 -- $385 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2141852

Bright MLS

APN: 4446- -0014