Washington, DC 20002,1274 MEIGS PL NE
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Washington, DC 20002,1274 MEIGS PL NE
Washington, DC 20002,1274 MEIGS PL NE
Washington, DC 20002,1274 MEIGS PL NE
Washington, DC 20002,1274 MEIGS PL NE

$900,000

Est. payment /mo

$799,900

12.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1274 MEIGS PL NE Washington, DC 20002

8 Beds

4 Baths

4,000 SqFt

SOLD DATE : 01/23/2024

Key Details

Sold Price $900,000

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $225

Subdivision Trinidad

MLS Listing ID DCDC2116338

Sold Date 01/23/24

Style Traditional

Bedrooms 8

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 4,000

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $3,601

Tax Year 2022

Lot Size 1,637 Sqft

Acres 0.04

Property Description

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**

Location

State DC

County Washington

Zoning RF1

Rooms

Basement Unfinished, Dirt Floor

Main Level Bedrooms 4

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Fireplace N

Heat Source Electric

Laundry Has Laundry

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

View City

Roof Type Flat

Accessibility Level Entry - Main

Total Parking Spaces 2

Garage N

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 4055//0133

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Melvin S Yates II • EXP Realty, LLC
Bought with Nathaniel Tate • RE/MAX Allegiance

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