1254 MEIGS PL NE Washington, DC 20002
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,958 sqft
Price per Sqft $473
Subdivision Trinidad
MLS Listing ID DCDC2202968
Style Colonial
Abv Grd Liv Area 2,958
Year Built 1940
Available Date 2025-06-05
Annual Tax Amount $8,817
Tax Year 2024
Lot Size 3,234 Sqft
Acres 0.07
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
FOUR-UNIT TURNKEY BUILDING – DELIVERED VACANT –
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. This will be one of the few fully renovated, vacant, three-bedroom, four-unit buildings available.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4055//0236
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA, Negotiable
Listing Terms Cash, Conventional, FHA, VA, Negotiable
Financing Cash,Conventional,FHA,VA,Negotiable
Special Listing Condition Standard
1425 Clarkview Rd, Baltimore, MD, 21209, USA
Hope Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.
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