1258 Meigs Place NE Washington, DC 20002

Almost 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. With units 1, 2, and 4 occupied, this property features the opportunity to bring in $6500+ in monthly income, or offers the ability to occupy one of the units as your own.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, a new refrigerator, a fully renovated bathroom completed in 2026, new vents installed in 2026, and a new oven replaced in 2026. 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, a fully renovated bathroom completed in 2026, new vents installed in 2026, and a new oven replaced in 2026.In addition, the common hallway has been freshly painted and the stairway has been refinished, enhancing the overall presentation and condition of the shared spaces.Income-producing asset in a high-demand location offering both immediate cash flow and long-term upside.