1912 M ST NE, WASHINGTON, District Of Columbia 20002 - $800,000
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
Fantastic investment or house-hack opportunity in Trinidad. This solid brick four-unit building offers four 1BR + den layouts across 3,246 sq ft, with two updated units on the lower level and two classic-condition units upstairs. One unit is owner-occupied; the remaining three are rented, including a long-term Section 8 tenant.
The property benefits from a fully owned 6.61 kW solar system installed in 2023, significantly reducing electric costs and generating over $7,700/year in SREC income. Current rents total $4,727/mo, with a pro-forma income of $6,500–$6,700/mo once the owner’s unit is rented. Actual cap rate is approximately 6% at $850,000, with a pro-forma cap rate near 7.7%.
Located steps from the National Arboretum and minutes to H Street, Union Market, and Ivy City, this property offers stable income today with clear value-add upside. Ideal for investors or owner-occupants using FHA, conventional, or DSCR financing. A strong, flexible asset in a rapidly growing neighborhood.
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
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Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Compass represents the interest of the seller 2023866330 DCDC2240264. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.