$580,000

Property Description

INVESTOR SPECIAL: THIS PROPERTY IS A SHELL Attention developers and savvy investors: bypass the notorious Washington, DC permitting backlog and get straight to work. Located in the rapidly appreciating Trinidad neighborhood, this substantial 1940s brick multi-family property is the ultimate "value-add" project. The property is fully gutted, shovel-ready, and comes with fully approved architectural plans in-hand for a lucrative 4-unit residential conversion. The Property & Canvas Massive Footprint: The property sits on a rare, deep 3,723 sq. ft. lot (approx. 25' x 149'). Interior Space: Boasts over 2,800+ sq. ft. of above-grade livable space and an additional 330 sq. ft. basement footprint. Parking Goldmine: Features wide rear-alley access with ample room to add multiple off-street parking spaces-a major driver for premium resale value or top-tier rental rates in this corridor. Current State: The building has already been gutted down to the studs. With the interior demo complete, the path directly to framing and structural finishes is clearly defined. Zoning: RF-1 with a grandfathered/approved 4-unit use. The Location Perfectly positioned in a high-demand transit and lifestyle corridor. Future residents or condo buyers will be situated directly in the Union Market and Ivy City orbit. It is highly walkable and bikeable, located just steps away from Gallaudet University, the vibrant H Street Corridor, and some of Northeast DC's best dining, nightlife, and retail. The Bottom LineWhether your exit strategy is a high-cap-rate long-term hold or a premium boutique condo conversion, the most difficult and time-consuming regulatory hurdles have already been cleared for you. Showing Caution: Please note that this property is currently an active construction site in a gutted state. Please exercise extreme caution when touring. Enter at your own risk. Sturdy, closed-toe footwear is strictly required.

Property Facts & Features

Property Type

Multi Family

Status

Closed

Listed

Jul 9, 2026

Sold

Oct 19, 2026

List Price

$599,999

Price per Sq Ft

$206/sqft

ZIP Code

20002

Parking

Off Street

Construction

Brick

Style

Traditional

Property Tax (2026)

$34,680/yr

Assessed Value

$693,600

Neighborhood

Trinidad - Langston

County

District of Columbia

School District

District Of Columbia Public Schools

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 38.90917 · Lng -76.98476