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1274 Meigs Place NeWashington, DC 20002MLS Number DCDC2119078

  • Sale Price: $900,000
  • 228 Days Since Sale
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1274 Meigs Place Ne Washington DC 20002
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    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.. Investment Highlights: *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**
    Listed by Melvin S Yates II, EXP Realty,LLC

    Listing Sold by RE/MAX Allegiance

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    Yeonas & Shafran Real Estate, LLC
    Yeonas & Shafran Real Estate, LLC
    Office: 703-790-3330
    1309 Vincent Pl
    McLean, VA 22101

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    Location Information

    • UsmAreaWashington
    • ViewCity

    School Information

    • High School DistrictDistrict Of Columbia Public Schools
    • School District SourceListing Agent

    Parking

    • Parking TypesNone

    Basic Information

    • Date Listed11/13/2023

    Building

    • Construction MaterialsBrick
    • Property StyleOther
    • Rooms Total8
    • Square Feet3,210
    • Structure Design TypeOther
    • Two Bedroom Units4
    • Year Built1940
    • Year Built Effective1940

    Utilities

    • CoolingNone
    • Heat SystemHot Water
    • Heating FuelNatural Gas
    • Heating YNYes
    • SewerPublic Sewer
    • Water HeaterElectric
    • Water SourcePublic

    Basic Information

    • Broker NameEXP Realty, LLC
    • List Price$799,900
    • MLS NumberDCDC2119078
    • MLS Property TypeResidential Income
    • Price Per Square Foot249
    • Sale Date01/23/2024
    • Sale Price$900,000
    • StatusSLD
    • Units4

    Location

    • Address1274 Meigs Place Ne
    • Building Number1274
    • CountyWashington
    • DirectionsVia West Virginia Ave NE Head southeast on Raum St NE toward 11th Pl NE Turn right toward Meigs Pl NE Turn left onto Meigs Pl NE
    • In City Limits YNYes
    • Living Area SourceAssessor
    • StateDC
    • SubdivisionTrinidad
    • TownWashington
    • Zip20002

    Amenities

    • Accessibility AmenitiesLevel Entry - Main
    • Other AmenitiesBasement
    • PoolNo Pool

    Other

    • Appliances IncludedOven/Range - Gas, Refrigerator
    • BuyerfinancingCommercial Wrap
    • Soil TypesUnknown
    • View Count4

    Tax Information

    • Assessment Year2022
    • City Town Tax$3,601
    • City Town Tax Payment FrequencyAnnually
    • County Tax Payment FrequencyAnnually
    • Tax Assessment Amount$756,270
    • Tax Lot133
    • Tax Total Finished Sq Ft3,210
    • Tax Year2022
    • Taxes$3,601
    • Total Taxes Payment FrequencyAnnually

    Property

    • Acreage0.04
    • Lot Size SourceAssessor
    • Lot Size Square Feet1,637
    • New Construction YNN
    • Number Of Units Vacant4
    • Property SubTypeQuadruplex
    • ZoningRF1

    Property Information

    • Area Total3,210
    • Area Total SourceAssessor
    • Below Grade Area Total SourceAssessor

    Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 7, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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