COMING SOON - 1254 Meigs Place NE FOUR-UNIT TURNKEY BUILDING - DELIVERED VACANT - OPEN HOUSE SATURDAY, JUNE 7, 2025 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… Read More 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. OPEN HOUSE: SATURDAY, JUNE 6, 2025 Don't miss your chance to tour this rare opportunity in person. This will be one of the few fully renovated, vacant, three-bedroom, four-unit buildings available. Read Less
Courtesy of RUSS BROWN, Realty One Group Performance, LLC [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Townhouse
Square Ft.
2,958
Lot Size
0.07 Acres
Year Built
1940
MLS Number
DCDC2202968
30 Days Snapshot Of 20002
$812k
-1%
(avg) sold price
44
-40%
homes sold
45
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,958 sqft living area, Built in 1940, Structure Type: End of Row/Townhouse, 4 units in building, Colonial, Brick
Cooling
Central Air, None, Central A/C
Accessibility Features
32+ wide Doors
Heating
Electric, Forced Air
Lot
3,234 sqft, 0.07 acres
Property
Other Structures: Above Grade, Below Grade, Soil Types: Unknown, 4 three-bedroom units
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