1307-1309 Holbrook StWashington, DC 20002

This exceptional value-add opportunity presents a six-unit multifamily apartment building located at 1307-1309 Holbrook Street NE in Washington, D.C.'s desirable Trinidad neighborhood. The property, built in 1937 and renovated in 2020, sits on a 0.14-acre corner lot (5,895 square feet) and offers a diverse unit mix, including two one-bedroom, one-den, one-bathroom units and four two-bedroom units (two with dens). All units are separately metered for electricity, offering significant operational efficiency. The building totals 6,000 square feet and currently generates a net operating income (NOI) of $11,494. This property is uniquely positioned for significant upside potential. Its prime location near the H Street Corridor, Ivy City, and Union Market provides convenient access to vibrant amenities and a strong rental market. Furthermore, the property is permit-ready for redevelopment, presenting an exciting opportunity for condo conversion or other expansion projects. Offered at $1,200,000, this investment represents a rare chance to acquire a well-situated, six-unit building in a highly sought-after area of Washington, D.C., with substantial potential for increased profitability through redevelopment or condo conversion.