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2016 1st St NW
Washington, DC 20001 Bloomingdale

$1,200,000 USD

Apartments For Sale  •  2,859 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,859 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1908
  • Zoning RF-1
73 Transit Score
88 Walk Score

Highlights

Newly Renovated Vacant Three Unit Multifamily Asset in the Heart of LeDroit Park
One Two-Bedroom, One One-Bedroom With a den, and One One-Bedroom Unit all with Front and Rear Access
A TOPA Free Investment Opportunity
Attractive FHA Loan Options Available for an Owner Occupant
Full Renovation in 2024 including New Energy Efficient HVAC Systems, New Windows, New Roof, and High-Level Finishes.
Off-Street Parking (2) and Located Six Blocks from the Shaw Metro

Financial Summary (Proforma)

Net Operating Income: $84,081 USD (2024)
Total Expenses: $17,919 USD

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Deck
  • Den

Public Transportation

Commuter RailDriveWalkDistance
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) 5 min - 1.8 mi
L'enfant (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) 6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Shaw-Howard U (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 13 min 0.7 mi
U Street (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 3 min 18 min 1.0 mi
Noma-Gallaudet U (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 13 min - 6.8 mi
Washington Dulles International 47 min - 29.5 mi
Baltimore/Washington International Thurgood Marshall 45 min - 30.7 mi
Jacob Krens 202-536-3703 Marcus & Millichap
Jacob Krens 202-536-3703 Marcus & Millichap