1732-36 TRINIDAD AVENUE NEWASHINGTON, DC 20002
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This 8-unit multifamily property offers investors a rare blend of value-add potential and stable cash flow in Washington, D.C.’s in-demand Trinidad neighborhood. Some units recently renovated, and others undergoing upgrades, the asset features larger 3-4 bedroom units tailored for workforce housing, with 6 occupied units generating $14,706/month ($176,472/year) and 2 vacant units ready for tenant placement pending business license updates. The property benefits from Section 8 tenants, ensuring consistent rental income. <br><br> Key Features <br><br> Unit Mix Optimized for Rent Growth: <br><br> Five 3-bedroom units (663 SF, avg. $2,765/month) <br><br> One 4-bedroom unit (935 SF, vacant – premium rent potential) <br><br> Two 2-bedroom units (398 SF, avg. $1,838/month) <br><br> Pro Forma Upside: Immediate occupancy of 2 vacant units (+$5,800/month potential) could lift annual gross income to $248,472 (+41%). <br><br> Prime Location: Situated in Trinidad, a rapidly developing area with proximity to Union Market, H Street Corridor, and Capitol Hill.
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
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