$869,000

1729 TRINIDAD AVE NE, Washington, DC 20002

  • 3,244 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $268/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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= 817,540.00 ○ 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 rented @: ○ 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.

Listing Status:
Active
Data Last Updated:
August 20, 2026 at 5:20PM
Listing Office:
Cottage Street Realty LLC : 7032420005
Listing Agent:
Alexandra I Burrell-Hodges : 7038191023
MLS ID:
DCDC2270584
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Federal
  • General: BrickCrawl Space
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: RF-14082//0039
  • Water: Public
  • Sewer: Public Septic
  • Source: BRIGHT_MAIN

This listing courtesy of Alexandra I Burrell-Hodges , Cottage Street Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby