1348 NICHOLSON ST NW Washington, DC 20011
2,640 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $314
MLS Listing ID DCDC2265332
Style Traditional
Abv Grd Liv Area 2,640
Year Built 1935
Annual Tax Amount $8,096
Tax Year 2025
Lot Size 5,565 Sqft
Acres 0.13
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Situated on an oversized lot, this property offers significant value-add potential, including the ability to add up to four rear parking spaces—an attractive feature for both tenants and future resale value. The building has been well cared for and provides strong income-producing potential for investors seeking both immediate cash flow and long-term appreciation.
Each unit offers functional layouts, and buyers will appreciate the additional upside as similar properties in the area have converted existing dens into bedrooms, creating four 2-bedroom units and maximizing rental income potential. Whether maintained in its current configuration or repositioned for higher returns, this asset presents multiple pathways for growth.
Located just moments from the 16th Street corridor, residents enjoy convenient access to downtown DC, public transportation, parks, restaurants, shopping, and neighborhood amenities that continue to make 16th Street Heights a strong rental and investment market.
A rare opportunity to secure a solid multifamily asset with location, lot size, and future upside all in one package.
Location
State DC
County Washington
Zoning RA
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Crawl Space
Above Ground Finished SqFt 2640
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Brightwood Educational Campus
School District District Of Columbia Public Schools
Others
Tax ID 2795//0020
Ownership Fee Simple
SqFt Source 2640
Special Listing Condition Standard
