4-Unit Apartment Building Opportunity in Trinidad & NOMA - Investor's Dream!
See the Home Showcase Tour PLUS the 3-D Tour
*Location: 1274 Meigs Place, NE Washington DC 20002
*Unit Specs: Each of 4 Units - 2 Bedrooms, 1 Bathroom, Approx. 1,000 sq ft
*Exterior: All-brick PLUS an Addition, Parking, Outdoor Entertaining Space
*Potential: Perfect for Condo Conversion or Continued Use as an Apartment Building
*Comparison: Next-door building converted to 3-bedroom condos, sold up to $699,000 each (X4)!!!
*Unique Features: Lower-level storage, potential for Basement Units PLUS a 3rd Level & a Rooftop Deck!
*Current Condition: Delivered Vacant & will need more than a little paint & carpet..
*Location Advantage: Situated in the booming areas of Trinidad & NOMA, envision the limitless possibilities
*Condo Conversion Ready: The structural integrity and layout make this building an ideal candidate for a profitable condo conversion
*ROI Opportunity: When you know the ARV, investing in this property becomes a no-brainer
*Customization: Comes with the freedom to incorporate modern design elements like spiral staircases and stainless steel railings
*Vision Required: This isn't a mere 'fix and flip.' A discerning eye will see this for what it is...a cash cow
The Big Picture
This is not for the faint of heart or the weekend warrior; this is an investor's dream that calls for a grand vision. Picture the roaring views from a potential rooftop deck, and you'll know this is the opportunity of a lifetime. Given the market trends in Trinidad & NOMA, this is an investment that will exceed expectations.
For more details or to schedule a viewing, don't hesitate—this is a fast-evolving area, and opportunities like this are rare.
Would you like to be the one who leveraged this opportunity? Reach out today.
**Safety Disclosure Approval is required to show since 2 units are mid-renovation**
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st December, 2023 10:19 AM (UTC)