1254 MEIGS PLACE NE

WASHINGTON, DC 20002

COMING SOON – 1254 Meigs Place NE FOUR-UNIT TURNKEY BUILDING – DELIVERED VACANT – OPEN HOUSE SATURDAY, JUNE 7, 2025 THE OPPORTUNITY: 1254 Meigs Place NE is a beautifully renovated four-unit apartment building located in the vibrant Trinidad neighborhood of Northeast Washington, D.C. The property features three-bedroom units with brand-new finishes and appliances, and will be delivered 100% vacant, allowing for an easy transaction and total leasing flexibility. This is an exceptional opportunity for both live-in buyers and savvy investors looking to own in one of D.C.’s most promising up-and-coming areas. TURNKEY ASSET: With no deferred maintenance and all major systems updated, new ownership will benefit from minimal capital expenditures for years to come. TOPA-EXEMPT & DELIVERED VACANT: Because the property is being delivered vacant, it is exempt from D.C.’s TOPA process, allowing for a quick and streamlined closing. New ownership can screen and select their own tenants, maximizing rental income from day one. RENT CONTROL EXEMPT: With fewer than five units, 1254 Meigs Place NE is exempt from D.C.’s rent control regulations, providing greater flexibility in setting market-based rents and ensuring efficient property management. LIVE FREE OR CASH FLOW: Whether you’re looking to live in one unit and rent out the others or lease all four for maximum income, this property offers unmatched versatility. A live-in buyer can build equity while significantly reducing their housing costs. Investors can generate immediate returns in a neighborhood with strong rental demand. OPEN HOUSE: SATURDAY, JUNE 6, 2025 Don’t miss your chance to tour this rare opportunity in person. This will be one of the few fully renovated, vacant, three-bedroom, four-unit buildings available.

Listing courtesy of Realty One Group Performance, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.