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1274 Meigs Place NE, Washington, DC 20002
$900,000
1274 Meigs Place NE, Washington, DC 20002View this property at 1274 Meigs Place NE, Washington, DC 20002
1274 Meigs Place NEWashingtonDC20002
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Property Description
4-Unit Apartment Building Opportunity in Trinidad & NOMA - Investor's Dream! See the Home Showcase Tour PLUS the 3-D Tour *Location: 1274 Meigs Place, NE Washington DC 20002 *Unit Specs: Each of 4 Units - 2 Bedrooms, 1 Bathroom, Approx. 1,000 sq ft *Exterior: All-brick PLUS an Addition, Parking, Outdoor Entertaining Space *Potential: Perfect for Condo Conversion or Continued Use as an Apartment Building *Comparison: Next-door building converted to 3-bedroom condos, sold up to $699,000 each (X4)!!! *Unique Features: Lower-level storage, potential for Basement Units PLUS a 3rd Level & a Rooftop Deck! *Current Condition: Delivered Vacant & will need more than a little paint & carpet.. Investment Highlights: *Location Advantage: Situated in the booming areas of Trinidad & NOMA, envision the limitless possibilities *Condo Conversion Ready: The structural integrity and layout make this building an ideal candidate for a profitable condo conversion *ROI Opportunity: When you know the ARV, investing in this property becomes a no-brainer *Customization: Comes with the freedom to incorporate modern design elements like spiral staircases and stainless steel railings *Vision Required: This isn't a mere 'fix and flip.' A discerning eye will see this for what it is...a cash cow The Big Picture This is not for the faint of heart or the weekend warrior; this is an investor's dream that calls for a grand vision. Picture the roaring views from a potential rooftop deck, and you'll know this is the opportunity of a lifetime. Given the market trends in Trinidad & NOMA, this is an investment that will exceed expectations. For more details or to schedule a viewing, don't hesitate-this is a fast-evolving area, and opportunities like this are rare. Would you like to be the one who leveraged this opportunity? Reach out today. **Safety Disclosure Approval is required to show since 2 units are mid-renovation**
Full Property Details
Full Property Details for 1274 Meigs Pl NE
General
- Sold For: $900,000
- Taxes: $3,601 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: DCDC2119078
- Added to Site: 186 day(s) ago
Interior
- Number of Rooms: 8
- Appliances: Oven/Range - Gas, Refrigerator
Parking
- Parking Type: None
Location
- County: Washington
- Development Name: Trinidad
- Subdivision: Trinidad
- Driving Directions: Via West Virginia Ave NE Head southeast on Raum St NE toward 11th Pl NE Turn right toward Meigs Pl NE Turn left onto Meigs Pl NE
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Stories/Levels: 0
- Square Feet: 3,210
- Sq. Ft. Source: Assessor
- Living Area: 3,210 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 4
Lot Features
- Property View: City
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,637
- Lot Size Source: Assessor
- Zoning: RF1
Financial Considerations
- Price Per Sq. Ft.: $249.19
- Assessment Year: 2022
- City/TownTax: $3,601
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $756,270
- Tax Amount: $3,601
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3210
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: Fee Simple
- Lot Number: 133
Listed by EXP Realty, LLC, Melvin S Yates II
Sold by RE/MAX Allegiance, Nathaniel Tate
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Schools
Schools serving 1274 Meigs Pl NE
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1299 Neal St Ne, Washington, DC 20002 | PK-8 | 0.3 mi | |
101 N St Nw, Washington, DC 20001 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1274 Meigs Pl NE
Date
Details
Price
Change
Source
1/23/2024
Sold
$900,000
12.51%
MLS
11/21/2023
Price Reduced
$799,900
-11.12%
MLS
11/20/2023
Price Increased
$900,000
12.51%
MLS
11/13/2023
Listed
$799,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1274 Meigs Place NE, Washington, DC 20002 (MLS# DCDC2119078) is a Multi-Family property that was sold at $900,000 on January 23, 2024. Want to learn more about 1274 Meigs Place NE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.