1275 Meigs Pl   NE, Washington, DC 20002
OFF MARKET

1275 Meigs Pl NE
Washington, DC 20002

Trinidad
  • Studio
  • 2,556 sqft
  • Studio
  • 2,556 sqft

$664,100

Trulia Estimate
as of Apr 24, 2024
Est. Refi. Payment $3,899/mo*

Homes for Sale Near 1275 Meigs Pl NE

Local Information

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Commute Destination

Description

This property is not currently for sale or for rent on Trulia. The description and property data below may have been provided by a third party, the homeowner or public records.
This could be a great opportunity to own a freshly renovated residential multi family condo building in the blooming neighborhood of Trinidad. This boutique building includes a total of 3 units, and all 3 units are 3 bedrooms & 1 full bath. It could be an excellent opportunity for a potential investor to obtain a 30-year fixed residential financing while rates are low. Also it could be a smart owner-user purchase, allowing the owner to live in one unit and the enjoy the top of the market rental income from the other two units.

Note: This listing is for the entire building, so 1275 Meigs Place includes unit #'s 3, 2, and 1. Each unit has the same exact floorplan, except unit #1 has high ceilings. They feature real hardwood floors, fresh paint, brand new carpet (in the bedrooms only), plenty of natural light, front loading stacked washer & dryer, new thermostat, new smoke & CO detectors, HVAC, hot water heater, and updated kitchen. The kitchens boast new gray cabinets, granite counter tops, and stainless steal appliances. The units also include private back doors/entrance/exit off of the kitchen. The full bathrooms include shower & tub combo, and ceramic tile flooring. The 2nd unit only has a more modern feel with an updated vanity. Each unit has a newer 30 gallon hot water heater and stacked wash & dyer. Unit 1 has a newer HVAC system. A new privacy fence was installed in 2021. All three units are vacant and could be a low maintenance investment with a solid return. As of June 2021, the rental comps are around $2,000 - $2,839 a month, per unit. The price per unit is $367k. Please run your own numbers and let me know if you have any questions.

All units are separately metered for gas/electric allowing the tenants to pay their own utilities. There is one water meter into the building which can be billed back to the tenants to increase an investor's return. Each unit is @ 825 sqft.

Note: The vacant homes/buildings across the street were recently sold and should be going under construction, so now is a good time to buy. There is an inoperable Intercom system for buzzing in guest. There is plenty of street parking in front of the building. Each unit as it's own Tax ID.


In addition, this property is conveniently located near Metro, H Street corridor, Gallaudet University, Ivy City, Union Market, Retail, Entertainment, Capital bikeshare, Restaurants, Markets, Coffee shops, Gas stations, and more.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 1275 Meigs Pl NE

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: OtherExterior: Brick

Property Information

Year Built
Year Built: 2010
Property Type / Style
Property Type: Multi Family

Lot Information

Lot Area: 435 sqft

Price History for 1275 Meigs Pl NE

DatePriceEventSource
03/04/2022ListingRemovedLong & Foster Broker Feed
12/23/2021$1,100,000ContingentBright MLS #DCDC525968
11/12/2021$1,100,000PendingBright MLS #DCDC525968
09/23/2021$1,100,000ContingentBright MLS #DCDC525968
09/06/2021ListingRemovedLong & Foster Broker Feed
06/11/2021$1,100,000Listed For SaleBright MLS #DCDC525968

Comparable Sales for 1275 Meigs Pl NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Multi-Family Home
$500,000
05/26/23
-
2,720
0.03
Multi-Family Home
$912,500
11/17/23
8
4
3,042
0.08
Multi-Family Home
$995,000
01/03/24
12
-
3,376
0.14
Multi-Family Home
$875,000
02/09/24
8
-
3,164
0.21
Multi-Family Home
$1,175,000
10/31/23
8
-
2,560
0.04
Multi-Family Home
$828,103
12/27/23
8
-
3,590
0.12
Multi-Family Home
$839,000
02/05/24
8
4
3,336
0.10
Multi-Family Home
$820,000
06/09/23
4
-
3,368
0.11
Multi-Family Home
$875,000
03/29/24
12
-
3,916
0.21
Multi-Family Home
$890,000
04/12/24
4
-
2,869

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Trinidad

  • Trulia User
    "Great access to buses and the red line at union station. Great location to get to the Wharf, Eastern Market, or H easily. "
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  • Trulia User
    "It's a great place with a wonderful farmers market weekends. Kid and pretty friendly. You'll live it"
    1
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  • Trulia User
    "Friendly environment and close parks. Walking distances to stores and schools. Very Quiet neighborhood. "
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  • Tracey P.
    "This neighborhood is a great place to live. The people are friendly and it’s close to restaurants and bars. It’s also growing rapidly and makes it an exciting place to live."
    9
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  • Tracey P.
    "I’ve lived in Trinidad for three years and love the neighborhood. It’s walking distance to amazing restaurants and bars and close to the rapidly growing union market area and Ivy City. "
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  • Shavonna J. W.
    "The neighborhood school is not the best but the lottery helps with that. As far as diversity goes this community has it hand over fist. "
    3
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  • Shavonna J. W.
    "This neighbor is amazing. I like my neighbors and their kids/pets. The metro is frequent and the mail lady is like clockwork always on time. You will love it here "
    8
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  • Ibnabu
    "Green space is plenty . Everything is clean. Very neighborly fun convenient and safe. Many students in area. We all love each other. Still affordable "
    1
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  • SA
    "I'd say living here is a tad socially uncomfortable. but there's totally people walking dogs around during the day"
    5
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  • Six
    "Just moved here and love the area! Best part is the short walk to bars and restaurants on H street. 5 min drive to Ivy City too."
    4
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  • Clarencewturneriv
    "It's okay. It's in a good location. There is plenty to do around here. Public transportation is readily available. There are regular street cleanings."
    9
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  • iris n. c.
    "Safety for the children.. very good schools.. how far is the playgrounds from home.... family area... recreation center.. "
    2
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  • Jobblow
    "Centrally located to H St, Union Market, the distilleries in Ivy City, but still has affordable homes."
    5
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  • Jenny r.
    "It’s very close to everything you need restaurants, grocery stores, etc. I’ve lived in this neighborhood for 25 years. "
    3
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  • Donzello_crank
    "I enjoy the quite place in the area and the children are off the street by dark. Parents walk their children to the store and school "
    6
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Homes for Rent Near 1275 Meigs Pl NE

Off Market Homes Near 1275 Meigs Pl NE

1275 Meigs Pl NE, Washington, DC 20002 is a studio, 2,556 sqft multi-family built in 2010. 1275 Meigs Pl NE is located in Trinidad, Washington. This property is not currently available for sale. The current Trulia Estimate for 1275 Meigs Pl NE is $664,100.