Description

INVESTOR SPECIAL: THIS PROPERTY IS A SHELL
Attention developers and savvy investors: bypass the notorious Washington, DC permitting backlog and get straight to work. Located in the rapidly appreciating Trinidad neighborhood, this substantial 1940s brick multi-family property is the ultimate "value-add" project. The property is fully gutted, shovel-ready, and comes with fully approved architectural plans in-hand for a lucrative 4-unit residential conversion.

The Property & Canvas
Massive Footprint: The property sits on a rare, deep 3,723 sq. ft. lot (approx. 25’ x 149’). Interior Space: Boasts over 2,800+ sq. ft. of above-grade livable space and an additional 330 sq. ft. basement footprint. Parking Goldmine: Features wide rear-alley access with ample room to add multiple off-street parking spaces—a major driver for premium resale value or top-tier rental rates in this corridor. Current State: The building has already been gutted down to the studs. With the interior demo complete, the path directly to framing and structural finishes is clearly defined. Zoning: RF-1 with a grandfathered/approved 4-unit use.
The Location
Perfectly positioned in a high-demand transit and lifestyle corridor. Future residents or condo buyers will be situated directly in the Union Market and Ivy City orbit. It is highly walkable and bikeable, located just steps away from Gallaudet University, the vibrant H Street Corridor, and some of Northeast DC's best dining, nightlife, and retail. The Bottom LineWhether your exit strategy is a high-cap-rate long-term hold or a premium boutique condo conversion, the most difficult and time-consuming regulatory hurdles have already been cleared for you.

?? Showing Caution: Please note that this property is currently an active construction site in a gutted state. Please exercise extreme caution when touring. Enter at your own risk. Sturdy, closed-toe footwear is strictly required.