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Multifamily

1307-1309 Holbrook St NE

1307-1309 Holbrook St NE, Washington, DC 20002

Starting Bid: $450,000

Number of Units
6
GRM
172.62
Price/Unit
$75,000
Auction Type
Reserve
Auction Start Date
May 15, 2024
Auction End Date
May 17, 2024

Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale of 1307-1309 Holbrook Street NE. This 6-unit multifamily is nestled in the vibrant Trinidad neighborhood of Washington, DC. Proximity to the bustling H Street Corridor, Ivy City, and Union Market, the property offers both convenience and charm in one of the city's most sought-after areas.
1307-1309 Holbrook Street NE is a semi-detached and separately-metered multifamily building that sits on a 5,895 SF corner lot. Building #1307 offers two units of 2 Bedroom+1 Den 1 Bath and two units of 2 Bedroom 1 Bath. Meanwhile building #1309 comprises four 1 Bedroom+1 Den 1 Bath, providing flexibility and appeal to a diverse range of tenants. This property boasts tremendous upside potential in its current state and offers opportunity for redevelopment (PERMIT READY).
With its prime location, diverse unit-mix, and expansion building permit, 1307-1309 Holbrook Street NE presents an unparalleled value-add opportunity for investors and condo developers.

Investment Highlights

  • Value-add Opportunity (Permit Ready)
  • Redevelopment | Condo-Conversion Potential
  • Separately Metered | Electric Heavy Up
  • Rare 6-Unit building in Trinidad Neighborhood

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s) DC: BR200201612

    District of Columbia

Multifamily

1307-1309 Holbrook St NE

Starting Bid: $450,000

Number of Units
6
GRM
172.62
Price/Unit
$75,000
Auction Type
Reserve
Auction Start Date
May 15, 2024
Auction End Date
May 17, 2024

Investment Highlights

  • Value-add Opportunity (Permit Ready)
  • Redevelopment | Condo-Conversion Potential
  • Separately Metered | Electric Heavy Up
  • Rare 6-Unit building in Trinidad Neighborhood

Investment Overview

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale of 1307-1309 Holbrook Street NE. This 6-unit multifamily is nestled in the vibrant Trinidad neighborhood of Washington, DC. Proximity to the bustling H Street Corridor, Ivy City, and Union Market, the property offers both convenience and charm in one of the city's most sought-after areas. 1307-1309 Holbrook Street NE is a semi-detached and separately-metered multifamily building that sits on a 5,895 SF corner lot. Building #1307 offers two units of 2 Bedroom+1 Den 1 Bath and two units of 2 Bedroom 1 Bath. Meanwhile building #1309 comprises four 1 Bedroom+1 Den 1 Bath, providing flexibility and appeal to a diverse range of tenants. This property boasts tremendous upside potential in its current state and offers opportunity for redevelopment (PERMIT READY). With its prime location, diverse unit-mix, and expansion building permit, 1307-1309 Holbrook Street NE presents an unparalleled value-add opportunity for investors and condo developers.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    Senior Vice President/Division Manager

    (202) 536-3700

    License(s): DC: BR200201612

    District of Columbia

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