1258 Meigs Place NE

Fully occupied four-unit multifamily property ideally located in the heart of Trinidad, just minutes from Union Market, Union Station, Capitol Hill, the H Street Corridor, Gallaudet University, and Ivy City, and approximately a 10-minute drive from the new Washington Commanders stadium site. Each of the four units offers a 2-bedroom, 1-bath layout of approximately 700 square feet, and each unit is equipped with its own washer and dryer. This property features a total monthly rent of $6,010, with individual unit rents as follows: Unit 1 $1,186 | Unit 2 $1,614 | Unit 3 $1,630 | Unit 4 $1,580 The property has been thoughtfully maintained with recent capital improvements and unit-specific updates. Unit 1 includes a new oven installed in August 2025, a new refrigerator installed in February 2025, and ceiling improvements with new drywall and added insulation. Unit 2 features a new washer and dryer installed in January 2025 along with a new refrigerator. Unit 3 underwent a full renovation including partial roof replacement and repair, new decking, installation of new drywall with R-19 insulation, and refinished hardwood floors completed in November 2024. Unit 4 includes a new AC unit installed in June 2025. Income-producing asset in a high-demand location offering both immediate cash flow and long-term upside.