Investor’s Dream | Renovated 6-Unit Multifamily in Trinidad
Rare opportunity to acquire a solid brick 6-unit multifamily building in Trinidad, combining immediate income with long-term upside. This side-by-side property (1307–1309 Holbrook St NE) has been carefully renovated and offers a versatile mix of unit types:
Three 1BR + den apartments,One 2BR apartment and Two spacious 3BR apartments
Recent capital expenditures to four vacant units include: Modern kitchens with new cabinetry & appliances, In-unit washer/dryers, updated flooring & fresh paint & graveled rear yard for tenant parking
Two units are occupied at below-market rents (average approximately $350/month), leaving tremendous upside as leases expire and rents are brought to market.
This property is ideal for 1031 exchange buyers seeking a strong replacement asset. With settlement before year’s end, investors can take advantage of immediate depreciation benefits, including the enhanced 100% bonus depreciation provisions, maximizing after-tax returns in year one.
Located in vibrant Trinidad, steps from Union Market, Ivy City, and the H Street Corridor, this is a rare 6-unit opportunity with both cash flow and appreciation upside.
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Listing Snapshot
Price
$1,350,000
Days On Site
85 Days
Bedrooms
11
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
1937
MLS® Number
DCDC2220906
Status
Active
Property Tax
$6,088
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 months ago
Listing updated with changes from the MLS®
3 months ago
Status changed to Active
3 months ago
Listing first seen on site
General Features
Acres
0.14
Foundation
Other
Parking
On Street
Property Sub Type
Multi Family
Sewer
Private Sewer
Special Circumstances
Standard
Style
Traditional
Water Source
Public
Zoning
RF-1
Interior Features
Appliances
Gas Water Heater
Cooling
Central AirGas
Heating
Natural GasForced Air
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Capital Properties
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