1732-36 TRINIDAD AVE NE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Trinidad
MLS Listing ID DCDC2214044
Style Other
Bedrooms 23
Full Baths 12
Year Built 1938
Annual Tax Amount $8,218
Tax Year 2024
Lot Size 7,153 Sqft
Property Description
This 8-unit multifamily property offers investors a rare blend of value-add potential and stable cash flow in Washington, D.C.'s in-demand Trinidad neighborhood. Some units recently renovated, and others undergoing upgrades, the asset features larger 3-4 bedroom units tailored for workforce housing, with 6 occupied units generating $14,706/month ($176,472/year) and 2 vacant units ready for tenant placement pending business license updates. The property benefits from Section 8 tenants, ensuring consistent rental income.
Key Features
Unit Mix Optimized for Rent Growth:
Five 3-bedroom units (663 SF, avg. $2,765/month)
One 4-bedroom unit (935 SF, vacant – premium rent potential)
Two 2-bedroom units (398 SF, avg. $1,838/month)
Pro Forma Upside: Immediate occupancy of 2 vacant units (+$5,800/month potential) could lift annual gross income to $248,472 (+41%).
Prime Location: Situated in Trinidad, a rapidly developing area with proximity to Union Market, H Street Corridor, and Capitol Hill.
Location
State DC
County Washington
Zoning C2A
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Ceiling Fan(s)
Exterior
Water Access N
Building
Story 3
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Wheatley Education Campus
Middle Schools Wheatley Education Campus
High Schools Dunbar Senior
School District District Of Columbia Public Schools
Others
Special Listing Condition Bank Owned/REO