1216 Raum St NE
Washington, DC 20002
-- Bed-- Bath8,260 Sq Ft128 Days on Market
For Sale $850,000
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Courtesy of TTR Sotheby's International Realty
Listing Agent & Comments
David H Park • TTR Sotheby's International Realty
646-644-2564 • dpark@ttrsir.com License #SP98376825The Centurion Group presents a high-yield gut job development opportunity at 1216 Raum Street NE, Washington, DC 20002. Located in the active Trinidad area of Northeast DC, this .08-acre property is ideal for investors focused on maximizing return. This 3,900 SF structure is ready for conversion into a pre-permitted, modern 4-level, 4-unit apartment complex totaling 8,340 SF. The proposed layout includes: Two lower units: 2120 SF each, with 4 bedrooms and 3.5 bathrooms. Top-floor units: 2120 SF each, featuring 4 bedrooms and 3 bathrooms. With construction costs anticipated to exceed $800K, the project offers a projected stabilization CAP rate of approximately 6.5%.
MLS# DCDC2150192 • Data provided by BRIGHTMLS
| Living Area | 8,260 Sq.Ft. |
|---|---|
| Lot Size | 3,485 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 2 |
| Year Built | 1936 |
| Property Type | Multifamily |
| Zoning | RF-1 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2024 |
| Tax Amount | $46,283 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$979,914
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
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HouseCanary, Inc. Brokerage
1216 Raum St NE, Washington, DC 20002
Multifamily-- Bed-- Bath8,260 Sq Ft128 Days on Market
Listing Agent & Comments
David H Park • TTR Sotheby's International Realty
646-644-2564 • dpark@ttrsir.com License #SP98376825The Centurion Group presents a high-yield gut job development opportunity at 1216 Raum Street NE, Washington, DC 20002. Located in the active Trinidad area of Northeast DC, this .08-acre property is ideal for investors focused on maximizing return. This 3,900 SF structure is ready for conversion into a pre-permitted, modern 4-level, 4-unit apartment complex totaling 8,340 SF. The proposed layout includes: Two lower units: 2120 SF each, with 4 bedrooms and 3.5 bathrooms. Top-floor units: 2120 SF each, featuring 4 bedrooms and 3 bathrooms. With construction costs anticipated to exceed $800K, the project offers a projected stabilization CAP rate of approximately 6.5%.
MLS# DCDC2150192 • Data provided by BRIGHTMLS
| Living Area | 8,260 Sq.Ft. |
|---|---|
| Lot Size | 3,485 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 2 |
| Year Built | 1936 |
| Property Type | Multifamily |
| Zoning | RF-1 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2024 |
| Tax Amount | $46,283 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $850,000
Request tour
Save
Courtesy of TTR Sotheby's International Realty
1216 Raum St NE
Washington, DC 20002
-- Bed-- Bath8,260 Sq Ft128 Days on Market
Listing Agent & Comments
David H Park • TTR Sotheby's International Realty
646-644-2564 • dpark@ttrsir.com License #SP98376825The Centurion Group presents a high-yield gut job development opportunity at 1216 Raum Street NE, Washington, DC 20002. Located in the active Trinidad area of Northeast DC, this .08-acre property is ideal for investors focused on maximizing return. This 3,900 SF structure is ready for conversion into a pre-permitted, modern 4-level, 4-unit apartment complex totaling 8,340 SF. The proposed layout includes: Two lower units: 2120 SF each, with 4 bedrooms and 3.5 bathrooms. Top-floor units: 2120 SF each, featuring 4 bedrooms and 3 bathrooms. With construction costs anticipated to exceed $800K, the project offers a projected stabilization CAP rate of approximately 6.5%.
MLS# DCDC2150192 • Data provided by BRIGHTMLS
| Living Area | 8,260 Sq.Ft. |
|---|---|
| Lot Size | 3,485 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 2 |
| Year Built | 1936 |
| Property Type | Multifamily |
| Zoning | RF-1 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2024 |
| Tax Amount | $46,283 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$979,914
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $850,000
Request tour
Save
Courtesy of TTR Sotheby's International Realty