1520-1524 Queen St NE
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1520-1524 Queen St NE
4 Unit Block of Flats £686,359 (£171,590/Unit) Washington, DC 20002
Investment Highlights
- 2 parking spots
- Central air in all units
- All units have private exterior entrances
- Walkable to H Street Light Rail Line
Executive Summary
Multi-Family investment opportunity in the heart of the emerging Union Market / Trinidad development. This 4-unit building uniquely spans 1520, 1522 and 1524 Queen Street NE on one of the quietest blocks in Trinidad. Each of the buildings 4 units is over 600 square feet and have Central Air Conditioning. Two of the units convey with parking. The prior owner used one of the units as their personal residence and the building has been exceptionally well managed, which presents a unique opportunity for a thoughtful owner-occupant/investor to live in one of the units while the income from the other rentals cover the cost of ownership. The South-facing building is semi-detached which floods each apartment natural light while also creating options for future development and vertical expansion.
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Property Facts
| Price | £686,359 | Lot Size | 0.05 AC |
| Price Per Unit | £171,590 | Building Size | 2,442 SF |
| Sale Type | Investment | Number of Floors | 2 |
| No. Units | 4 | Year Built | 1953 |
| Property Type | Residential | Parking Ratio | 0.82/1,000 SF |
| Property Subtype | Apartment |
| Price | £686,359 |
| Price Per Unit | £171,590 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Lot Size | 0.05 AC |
| Building Size | 2,442 SF |
| Number of Floors | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.82/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
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Walk Score ®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 4076-0258 | Improvements Assessment | £183,677 |
| Land Assessment | £314,454 | Total Assessment | £498,132 |
PROPERTY TAXES
Parcel Number
4076-0258
Land Assessment
£314,454
Improvements Assessment
£183,677
Total Assessment
£498,132
zoning
| Zoning Code | RF-1 (4-unit apartment building) |
| RF-1 (4-unit apartment building) |
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Tim Barley - Barley & Barley Real Estate
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Barley & Barley Real Estate
1520-1524 Queen St NE
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