1258 Simms Place Ne

Washington, District Of Columbia 20002

This fully renovated 4-unit building at 1258 Simms Pl NE is a prime, turnkey investment opportunity in the heart of the rapidly appreciating Trinidad neighborhood of Washington, DC. With three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, this asset is 100% move-in ready-no updates needed. Each unit features LVP flooring throughout, tile in the bathrooms, and appliances including a stove, refrigerator, dishwasher, disposal, and in-unit washer & dryer. The layouts include bonus rear dens in every unit, adding valuable extra living space or entertainment space. All units are individually metered, providing long-term flexibility and control. With current HUD rental rates of $1,913.67 for 2-bedroom units and $1,687.00 for the 1-bedroom, this building offers strong cash flow potential right out of the gate. Ideally located near Union Market, H Street Corridor, and Gallaudet University, the property is surrounded by vibrant dining, retail, and entertainment options-plus easy access to DC Streetcar and bus lines makes it highly attractive to renters. Whether you're focused on steady rental income or long-term value appreciation, this is a low-maintenance, high-upside asset in one of DC's most resilient rental markets.