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    1212 I St Washington, DC 20002

    Sponsored
    For Sale
    $2,000,000

    Luxury Apartments, Unbeatable Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional apartment building, located at 1212 I St NE, Washington, DC 20002, presents a lucrative investment opportunity. Priced at $2,000,000, the property boasts a prime location in Northeast DC, offering residents unparalleled walkability to vibrant dining, shopping, and entertainment. Units feature stylish, contemporary interiors with high-end finishes, open floor plans, gourmet kitchens equipped with stainless steel appliances, and ample storage. Residents enjoy the convenience of in-unit laundry, large windows providing abundant natural light, and smart home technology. Community amenities include a rooftop deck with panoramic city views, a fully-equipped fitness center, and secure underground parking. The building is designed with energy efficiency and sustainability in mind, utilizing energy-efficient materials and appliances. Its proximity to public transportation, iconic landmarks, museums, cultural institutions, parks, and recreational areas enhances its appeal. This multifamily property offers a compelling blend of modern living, prime location, and desirable community features, making it an ideal investment in the heart of Washington, DC.

    Property Features for 1212 I St

    General Information

    Property type
    Multifamily properties

    HighLights

    • Prime Northeast DC location at 1212 I St NE, Washington, DC 20002. Asking price: $2,000,000.
    • Exceptional walkability to dining, shopping, and entertainment.
    • Excellent public transportation access near Metro stations.
    • Stylish interiors with high‑end finishes and open floor plans.
    • Gourmet kitchens featuring stainless steel appliances and ample storage.
    • Abundant natural light, smart home technology, and in‑unit laundry.
    Property Profile Location Intelligence

    Current Use by Public Records

    Llittle Lights Urban ... Social Services Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -76.9895751
    Latitude
    38.9015843

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    FAQs

    What type of property is this?
    Multifamily property - Luxury Apartments, Unbeatable Location
    Where is this multifamily property located?
    The property is located at 1212 I St Washington, DC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Prime Northeast DC location at 1212 I St NE, Washington, DC 20002. Asking price: $2,000,000.; Exceptional walkability to dining, shopping, and entertainment.; Excellent public transportation access near Metro stations.
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    1212 I St Washington, DC 20002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1212 I St Washington, DC 20002
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