1942 I Street Northeast

Washington, DC 20002

$825,000
Price
—
Beds
2,368 Sq. Ft.
$348 / Sq. Ft.
2,368
Sq. Ft.
$348
per Sq. Ft.

Description

Discover the potential of this well-maintained multi-family in booming Trinidad / Carver-Langston. Featuring four one-bedroom, one-bathroom units, this property is a prime choice for investors or first-time homebuyers looking to capitalize on a growing market. Investors will appreciate the building's solid rental history and the robust demand for housing in the area. 75% tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can move into the open unit,...Discover the potential of this well-maintained multi-family in booming Trinidad / Carver-Langston. Featuring four one-bedroom, one-bathroom units, this property is a prime choice for investors or first-time homebuyers looking to capitalize on a growing market. Investors will appreciate the building's solid rental history and the robust demand for housing in the area. 75% tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can move into the open unit, offset expenses with rental income, and build equity fast. The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.
  1. Listed by Ty Voyles • Keller Williams Capital Properties
    P: (202)-725-8983 ty@fulcrumpg.com

Property Details for 1942 I Street Northeast

Tax ID Number
4477//0021
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
No
Expected On Market Date
12-20-2024
Subdivision
TRINIDAD
LISTING UPDATED: 12/19/2024 10:34 AM

Property Details for 1942 I Street Northeast

StatusActive
MLS #DCDC2171740
Days on Market3
Taxes$6,381 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1942
Lot Size0.06 AC / 2,432 SF
CountyDistrict of Columbia

Building Information for 1942 I Street Northeast

Stories-Residences4Year Built1942Building Size-Lot Size0.06 AC / 2,432 SF

Property Information for 1942 I Street Northeast

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • Elementary School: BROWNE EDUCATION CAMPUS (WASHINGTON DC)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: BROWNE EDUCATION CAMPUS (WASHINGTON DC)
  • MiddleSchoolSource: Listing Agent
  • High School: EASTERN (WASHINGTON DC)
  • HighSchoolSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $742,940
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $377,760
  • City Town Tax: $6,381
  • Land Assessed Value: $365,180
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RA-2
  • Zoning Dscrp: The RA-2 zone provides for areas developed with predominantly moderate-density residential.
  • Tax Lot: 21
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Miscellaneous, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 3
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Trash
  • Water Avg Month: $210
  • Water Prev 12 Months: $2,520
  • Heating Oil Avg Month: $0
  • Heating Oil Prev 12 Months: $0
  • Electric Avg Month: $0
  • Electric Prev 12 Months: $0
  • Gas Avg Month: $0
  • Gas Prev 12 Months: $0
Financial Information
  • Gross Income: $47,328
  • Gross Scheduled Income: $47,328
  • Net Operating Income: $33,753
  • Annual Rental Income: $47,328
  • Income Includes: Apartment Rentals
  • Cap Rate: .04
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,368.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16128883
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 2
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Main Entrance Lock
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Street Lights, Sidewalks
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.fulcrumpg.com

Property History for 1942 I Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1942 I Street Northeast

Taxable ValueLand$363,380Additions$387,300Total$750,680
Tax Record2024$6,381 ($532 / month)
Home Facts
Baths4Total Finished SqFt2,368 SqFtAbove Grade Finished SqFt2,368 SqFtStories2Lot Size2,432 SqFtStyleMulti-Family Dwelling (2-4)Year Built1942ZoningRA-2CountyDISTRICT OF COLUMBIAAPN4477 0021

Schools near 1942 I Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Browne Education Campus
Public - PK to 8
Eastern High School
Public - 9 to 12
Phelps Architecture, Construction, and Engineering High School
Public - 9 to 12
River Terrace Elementary School
Public - 3 to 12
Rating
School
Distance
Browne Education Campus
PublicPK to 8

Eastern High School
Public9 to 12

Phelps Architecture, Construction, and Engineering High School
Public9 to 12

River Terrace Elementary School
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Trinidad

Neighborhoods

Cities

ZIPs

More information about 1942 I Street Northeast, Washington, DC 20002

1942 I Street Northeast is a multi-family home for sale in Washington, DC 20002. This property was listed for sale on December 19, 2024 by Keller Williams Capital Properties, it's currently listed at $825,000. It has been on the market for a total of 3 days and was last sold on October 6, 2016. This listing's school district is District Of Columbia Public Schools. Nearby schools include Browne Education Campus, Eastern High School and Phelps Architecture, Construction, and Engineering High School. 1942 I Street Northeast is a 0-bed, 0-bath, 2,368 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/19/2024 10:34 AM