1912 M STREET NEWASHINGTON, DC 20002
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Fantastic investment or house-hack opportunity in Trinidad. This solid brick four-unit building offers four 1BR + den layouts across 3,246 sq ft, with two updated units on the lower level and two classic-condition units upstairs. One unit is owner-occupied; the remaining three are rented, including a long-term Section 8 tenant. The property benefits from a fully owned 6.61 kW solar system installed in 2023, significantly reducing electric costs and generating over $7,700/year in SREC income. Current rents total $4,727/mo, with a pro-forma income of $6,500–$6,700/mo once the owner’s unit is rented. Actual cap rate is approximately 6% at $850,000, with a pro-forma cap rate near 7.7%. Located steps from the National Arboretum and minutes to H Street, Union Market, and Ivy City, this property offers stable income today with clear value-add upside. Ideal for investors or owner-occupants using FHA, conventional, or DSCR financing. A strong, flexible asset in a rapidly growing neighborhood.
| 2 weeks ago | Status changed to Active Under Contract | |
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Price changed to $825,000 | |
| a month ago | Listing first seen on site |
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