$750,000
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1219 Simms Place NE Washington, DC 20002
Fourplex
Residence
Beds
Baths
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Property Activity
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ATTENTION INVESTORS & DEVELOPERS: High-Yield 4-Unit Project with Approved Plans! Unlock massive equity in the heart of Trinidad! 1219 Simms Pl NE presents a premier "value-add" opportunity for the seasoned developer or savvy investor looking to bypass the DC permitting nightmare. This substantial b...rick quadruplex is primed for a high-end transformation, offering a head start that most projects in the District simply don’t have. The Project Advantage: Approved Plans in Hand: Skip the 12-month wait. This property is being sold with fully approved architectural plans for a 4-unit residential conversion. The Canvas: The building has been gutted and is ready for the next phase of development. While some site prep and structural "finishing touches" remain to get it build-ready, the path to framing is clearly defined. Massive Footprint: Situated on a deep, 3,723 sq. ft. lot (Approx. 25’ x 149’), providing rare space for building expansion or a premium rear amenity area. Parking Goldmine: Wide rear alley access with ample room for multiple off-street parking spaces—a massive driver for rental premiums and resale value in this corridor. The Location & Infrastructure: Perfectly positioned in the high-demand Union Market / Ivy City orbit. Your future residents will be steps from Gallaudet University, the H Street Corridor, and some of the city's best dining and nightlife. Zoning: RF-1 (Grandfathered/Approved 4-unit use). The Bottom Line: This is a "shovel-adjacent" project where the most difficult regulatory hurdles have already been cleared. Whether you are looking for a high-cap rate long-term hold or a premium condo conversion, 1219 Simms Pl NE is the asset you’ve been waiting for. CAUTION: Property is a construction site in a gutted state. Please exercise extreme caution when touring. Enter at your own risk. Sturdy, closed-toe footwear is required. No children or pets permitted on site."
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MLS#
DCDC2246932
Property Type
Fourplex
Year Built
1940
Price per Sq. Ft.
$266.71
Lot Size
0.09
Sewer
Public Sewer
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