UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID DCDC2220906
Style Traditional
Year Built 1937
Available Date 2025-09-18
Annual Tax Amount $6,088
Tax Year 2024
Lot Size 5,895 Sqft
Acres 0.14
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Rare opportunity to acquire a solid brick 6-unit multifamily building in Trinidad, combining immediate income with long-term upside. This side-by-side property (1307–1309 Holbrook St NE) has been carefully renovated and offers a versatile mix of unit types:
Three 1BR + den apartments,One 2BR apartment and Two spacious 3BR apartments
Recent capital expenditures to four vacant units include: Modern kitchens with new cabinetry & appliances, In-unit washer/dryers, updated flooring & fresh paint & graveled rear yard for tenant parking
Two units are occupied at below-market rents (average approximately $350/month), leaving tremendous upside as leases expire and rents are brought to market.
This property is ideal for 1031 exchange buyers seeking a strong replacement asset. With settlement before year's end, investors can take advantage of immediate depreciation benefits, including the enhanced 100% bonus depreciation provisions, maximizing after-tax returns in year one.
Located in vibrant Trinidad, steps from Union Market, Ivy City, and the H Street Corridor, this is a rare 6-unit opportunity with both cash flow and appreciation upside.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Private Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4073//0088
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Kornelia Stuphan
Team Lead | License ID: SP98368238
Team Lead License ID: SP98368238