1280 16TH Street NE

Description

Estate Sale | Deep-Lot Trinidad Duplex with Parking, Income + Real UpsideIn a neighborhood that keeps proving its momentum, this classic Trinidad two-unit property offers something increasingly rare: space to grow, income to offset, and zoning that gives you options.Set on an unusually deep RF-1 lot with rear access, the property supports true off-street parking for 2–4 vehicles. For buyers thinking longer term, the lot depth opens the door to a meaningful rear expansion while still retaining two-car parking, subject to zoning and permitting.Both units are separately metered for gas and electric, creating clean operational lines and flexibility for future use.Upper UnitTenant-occupied at market rent. Renovated 1BR/1BA with updated kitchen and bath. Stable income from day one.Lower UnitFully gutted and ready for its next chapter. No guesswork, no piecemeal demo. A blank canvas to design, build, and reposition with intention.This property works for multiple strategies:• Live upstairs, renovate below• Hold as a long-term income asset• Rebuild and reconfigure for stronger returns• Expand thoughtfully within RF-1 guidelinesLocated moments from Union Market, Ivy City, H Street, Capitol Hill, and the U.S. National Arboretum, the fundamentals are solid and the trajectory is clear.Offered approximately 10% below the current $541,000 DC tax assessment and sold strictly as-is.Opportunities with this combination of depth, parking, zoning flexibility, and existing income are not common. Tour it. Run your numbers. Then decide how you want to play it.