1258 SIMMS PL NE new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $355
MLS Listing ID DCDC2211490
Style Other
Abv Grd Liv Area 2,800
Year Built 1936
Annual Tax Amount $7,749
Tax Year 2024
Lot Size 3,500 Sqft
Acres 0.08
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
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 ready—no 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 options—plus easy access to DC Streetcar and bus lines makes it highly attractive to renters. Whether you're focused on steady rental income or long-term value appreciation, this is a low-maintenance, high-upside asset in one of DC's most resilient rental markets.
Location
State DC
County Washington
Zoning R4
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Dishwasher,Disposal,Dryer,Freezer,Oven - Double,Stove,Washer
Fireplace N
Window Features Double Pane
Appliance Dishwasher,Disposal,Dryer,Freezer,Oven - Double,Stove,Washer
Heat Source Electric
Exterior
Utilities Available Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4052//0131
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing VA,FHA,Cash,Conventional,FHA 203(k)
Listing Terms VA,FHA,Cash,Conventional,FHA 203(k)
Financing VA,FHA,Cash,Conventional,FHA 203(k)
Special Listing Condition Standard