1845 M Street NE

Trinidad, Washington, DC 20002

MULTIPLE OFFERS! ALL OFFERS WILL BE REVIEWED APRIL 21, 2023. Incredible value-add opportunity. Install four windows and the market and HCVP rent increases by $400 per month - per unit. Current rents for each unit average $1,350 per month. The HCVP payment for two bedrooms in this market is $1,700 per month. The Small Multifamily Group is pleased to present the exclusive listing for this value add four-unit apartment building located at 1845 M Street NE. The property is located in the Northeast quadrant of Washington, DC in the Trinidad-Langston neighborhood. Trinidad-Langston is a quiet neighborhood with easy access to employment opportunities. There are about 170 bars and restaurants in Trinidad-Langston. 1845 M Street presents investors the opportunity to acquire a value add property. There are four two-bedroom units. Three units are occupied with below-market rents, one unit is vacant. Tenants pay utilities - owner pays only for water. Preferred Title Company - Premium Title Preferred Lender - Residential Mortgage

This is an Active listing.

Broker Office Phone Number: 240-737-5000

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