This fully renovated 4-unit building at 1258 Simms Pl NE is a prime, turnkey investment opportunity in the heart of the rapidly appreciating Trinidad neighborhood of Washington, DC. With three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, this asset is 100% move-in readyno updates needed. Each unit features LVP flooring throughout, tile in the bathrooms, and appliances including a stove, refrigerator, dishwasher, disposal, and in-unit washer & dryer. The layouts include bonus rear dens in every unit, adding valuable extra living space or entertainment space. All units are individually metered, providing long-term flexibility and control. With current HUD rental rates of $1,913.67 for 2-bedroom units and $1,687.00 for the 1-bedroom, this building offers strong cash flow potential right out of the gate. Ideally located near Union Market, H Street Corridor, and Gallaudet University, the property is surrounded by vibrant dining, retail, and entertainment optionsplus easy access to DC Streetcar and bus lines makes it highly attractive to renters. Whether youre focused on steady rental income or long-term value appreciation, this is a low-maintenance, high-upside asset in one of DCs most resilient rental markets.

This is an Active listing.

Broker Office Phone Number: 202-243-7700

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