1100 Trenton Pl Washington, DC 20032

Property Details for 1100 Trenton Pl

Year built

1947

Lot size

1.02 lot acres

Property size

39,794 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a 41-unit multifamily property in Washington, DC's Congress Heights neighborhood. The property comprises two three-story buildings totaling 39,794 square feet on a 1.02-acre lot, featuring a mix of 14 one-bedroom, 21 two-bedroom, and 6 three-bedroom units. Built in 1947, the well-maintained buildings boast on-site laundry, ample green space, a perimeter fence, and 14 parking spaces. The property benefits from its prime location, just 0.4 miles from the Congress Heights Metro Station (Green Line) and within walking distance of numerous amenities, including The Shops at Park Village, a Giant Food-anchored shopping center. Its proximity to major employers, including Joint Base Anacostia-Bolling and the redeveloping St. Elizabeths East and West campuses, ensures strong rental demand. The property's current occupancy is 100%, with average rents of $1,165 for one-bedroom, $1,240 for two-bedroom, and $1,421 for three-bedroom units. Significant rent growth potential exists based on comparable market rates. The R-2 zoning allows for various future development possibilities. This fee-simple ownership offers a stable, high-yield investment with substantial upside potential in a rapidly developing area. The property is conveniently located near major bus routes and highways, including Interstate 295 and Suitland Parkway. This is a rare opportunity to acquire a well-maintained, stabilized multifamily asset in a high-growth area of Washington, DC. The asking price is $4,100,000, representing a price per unit of $100,000 and a price per square foot of $103.03.