NOT LISTED FOR SALE

1243 16th St NE Washington, DC 20002

Trinidad Neighborhood
-- Bed
4 Baths
2,560 Sq Ft
3,249 Sq Ft Lot

Last Sold October 19, 2020

Last sale price $815,000 $318 Per Sq Ft

16 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • Level Entry For Accessibility
  • Ceiling Fan
  • 4-minute walk to Trinidad Recreation Center

About This Home

As of October 2020

Property has just been APPRAISED!! This property contains 4 one bedroom/one bath units. Each unit is equipped with a refrigerator and a stove and is separately metered. This property is also ideal for investors or a buyer who wants to live in one unit and rent out the remaining three to obtain monthly income. **Potential Gross Annual Rent of $58,000** Property is being sold in as-is current condition. Property sits on a 3,249 square foot lot. Currently there are three tenant occupied units and tenants have been given their first right of refusal notices. The property is located within steps to Denny s, Aldi, Target, CVS Pharmacy and many other conveniences for you to discover. Property shall be shown by appointment only!!! Don t miss this incredible investment opportunity!

Last Agent to Sell the Property

Stephen Nichols

Dehanas Real Estate Services License #633220 Listed on: 01/18/2020

Last Buyer's Agent

Dereje Mesfin

Fairfax Realty Select

Fairfax Realty Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,247

Year Built

  • Built in 1954

Lot Details

  • 3,249 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2,560 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Stove

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 877
  • Assessor Parcel Number 4078//0877

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2-Story Building
  • Trinidad Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,247

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: 4 refrigerators and 4 stoves
  • New Construction: No
  • Expected On Market: 2020-01-18
  • Year Built: 1954
  • Automatically Close On Close Date: No
  • Remarks Public: Property has just been APPRAISED!! This property contains 4 one bedroom/one bath units. Each unit is equipped with a refrigerator and a stove and is separately metered. This property is also ideal for investors or a buyer who wants to live in one unit and rent out the remaining three to obtain monthly income. **Potential Gross Annual Rent of $58,000** Property is being sold in as-is current condition. Property sits on a 3,249 square foot lot. Currently there are three tenant occupied units and tenants have been given their first right of refusal notices. The property is located within steps to Denny s, Aldi, Target, CVS Pharmacy and many other conveniences for you to discover. Property shall be shown by appointment only!!! Don t miss this incredible investment opportunity!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Basement: No
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 2560
  • Price Per Sq Ft: 328.12
  • Above Grade Finished Sq Ft: 2560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1243

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 163170.00
  • Land Assessed Value: 379130.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3249.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16073865
  • Tax Annual Amount: 4247.00
  • Assessor Parcel Number: 4078//0877
  • Tax Lot: 877
  • Tax Total Finished Sq Ft: 2560
  • Tax Year: 2019
  • Close Date: 10/19/2020

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Sold Price
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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
10/19/2020 10/19/20 Sold $815,000 -3.0% $318 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $840,000 -- $328 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Stephen Nichols

    Seller's Agent in 2020

    Stephen Nichols

    Dehanas Real Estate Services

    (202) 285-6731

    1 in this area

    107 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Dereje Mesfin

    Fairfax Realty Select

    (571) 332-4205

    2 in this area

    18 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC455342

Bright MLS

APN: 4078 0877

District of Columbia District of Columbia County Washington 20002 Trinidad

1243 16th St NE, Washington, DC

This home is located at 1243 16th St NE, Washington, DC 20002 since 18 January 2020. This property was built in 1954. 1243 16th St NE is a home located in District of Columbia with nearby schools including Wheatley Education Campus, Dunbar High School, and KIPP DC Spring Academy - PCS.

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