Situated in the vibrant and sought-after Columbia Heights neighborhood, the property currently serves as a triplex with a two-unit certificate of occupancy and stable section 8 rentes totaling over $6200/ month. currently, the lower unit is vacant!! Located just minutes from public transportation, including bus lines and Metro, this apartment is ideal for professionals and students alike, with proximity to Washington Hospital Center, Children’s National Hospital, Howard University, and Howard University Hospital. Residents will also enjoy being near the bustling 14th Street Corridor, offering an array of shops, cafes, and entertainment options, as well as Meridian Hill Park, a serene escape with its historic fountains and green spaces. With grocery stores, gyms, and vibrant nightlife spots just around the corner, this apartment combines modern living with the convenience of city life. Don’t miss this opportunity to call Columbia Heights home! The property is located in the RF-1 zone and the owner has a 2 unit Certificate of occupancy, yet the basement has been rented to section 8 in the past, Total current rents from the two occupied units $5296/ month
AMAZING OPPORTUNITY FOR SAVY INVESTOR! Vacant two unit / lowest priced two bedroom one bath 2 unit on the market in NW. Completely updated and ready to be rented. HOC rent limit up to $3,190 per unit. Net CAP Rate on cash offer 9 percent plus. All this just one block to North Capitol and New York Avenue. Tremendous location! Proximity to Restaurants, Shops, Parks, Highway and so much more!
Welcome to 931 Westminster Street NW, an exceptional two-unit property located on one of DC’s most charming and tranquil streets. This beautifully maintained residence offers endless possibilities for investors or homeowners looking to maximize rental income or enjoy upscale city living. The penthouse unit features two bedrooms plus a large office that can easily function as a third bedroom, along with high-end finishes, abundant natural light, and access to a stunning private rooftop deck with panoramic city views. The lower unit boasts three bedrooms with an additional office space, perfect as a fourth bedroom or flexible living area. Both units are thoughtfully designed with comfortable layouts, open kitchens, in-unit laundry, and access to secure parking for two vehicles. This property presents outstanding income potential. Long-term rental income is estimated at $10,000 per month for both units combined. Alternatively, live in one unit while renting the other. The penthouse or lower unit can be operated as a short-term rental, generating $8,000 to $10,000 per month on Airbnb (ask for comps!). This flexibility offers an incredible opportunity to cover nearly all PITI expenses while enjoying the benefits of city living. Westminster Street is a hidden gem in the heart of DC, known for its tree-lined tranquility, community feel, and proximity to some of the city’s best amenities. The home is just steps from Westminster and French Street playgrounds, 0.2 miles from the Shaw Metro, and close to McPherson Metro, Whole Foods, Amazon Fresh, Giant, and the vibrant dining and entertainment scene of downtown DC. Don’t miss this rare opportunity to own a stunning property with flexible living and income options on one of DC’s most picturesque streets. Seller credit is available—contact us for details!
ATTENTION INVESTORS!!!! Here is your opportunity to invest in the path of development with an established and secure rent base in prime DC location. This four unit apartment building represents an opportunity to create meaningful cash flow or live in one unit and rent the others to build financial wealth. Unit 1 - one bedroom rented for $1,550/month. Unit 2 -two bedroom rented for $1,887. Unit 3- Two bedrooms (vacant) previously rented for $2,300/month. unit 4- two bedroom rented for $2,150/month. Total projected annual revenue of $94,644 with plenty of upside on rents, parking and laundry fees and value add opportunity. All units are individually metered and have their own water heater and hvac systems. 4 unit not subject to rent control if you don't own other DC properties.
2 unit corner building ZONED MU-4. . One unit is 5 beds, 2 bath-occupied. Basement unit presents as a 1BR. 1 Bath, is vacant, rent ready and available to show; could also be a nice store front with outdoor terrace for the entrepeuner. Vacant unit entrance is under porch on Georgia Ave (marked as 2800) DO NOT disturb tenant in upstairs unit
50K Price Reduction! Welcome to 717 Hobart Place NW â A Modern Oasis with Unmatched Roof Deck Views! Step into this beautifully constructed 2 unit multi-family home, built in 2015, where contemporary elegance meets unparalleled functionality. This legal twin semi-detached townhome boasts an expansive floor plan on the main level, perfect for both entertaining and everyday living. As you enter, youâll be captivated by the south-facing living room, flooded with natural light from oversized windows adorned with custom plantation shutters. The modern, efficient kitchen is a chefâs dream, featuring top-of-the-line Jenn Air appliances with seamless flow into a spacious dining area, ideal for gatherings. Rich sand-in-place hardwood floors and recessed lighting create a warm and inviting atmosphere throughout. Luxurious bathrooms provide a spa-like retreat, while floor-to-ceiling windows offer breathtaking views of the vibrant cityscape. Donât miss the private roof deck, a true highlight, where you can enjoy stunning south-facing viewsâperfect for relaxing, viewing fireworks or entertaining under the stars. This exceptional property features an above grade and bright legal rental unit on the ground floor, offering 600 square feet of income-generating potential. The upper level consists of a spacious 3-bedroom, 2.5-bathroom layout and each unit contains separate washer/dryers/laundry. Additional highlights include an electronic gate providing access to private 1-car parking located directly behind the property. With its perfect blend of luxury, practicality, and income potential, 717 Hobart Place NW is not just a home; itâs a lifestyle. Schedule your private tour today and discover everything this remarkable property has to offer!
House Hackers Dream! The is the lowest priced multi-family home in NW DC right now! Upper unit is a 2 bed 1 bath unit with 3 private exterior spaces - 2nd floor balcony, amazing roof deck & a front porch. Kitchen and bathroom recently renovated. Lower unit is a full-light lower level studio space with kitchenette & full bathroom. Utility room is separate/accessible by both units. Lower level has access to a shared fenced rear patio. Current owner used lower level as short term rental (w/ license). Perfect use case for visiting University family (Catholic U, Howard U, and Trinity U all within a mile), travel medical staff (Washington Hospital Center, Childrens Hospital, VA, and National Rehab hospital all .5 miles away). Easy to live in upper level & rent out lower level, or get an C of O and rent out both.
Incredible development opportunity! Single with double width. The previous building has been fully demolished and only the front facade remains. This is an ideal opportunity for a high-end, two-unit condominium, each home with a separate entry. Plans are drafted for a three-level structure featuring two spacious 2 BR + 2 BA with two parking spaces. The process of obtaining permits is underway. Contact the listing agent for more information, plans, renderings, and status information.
SELLER Financing available! This detached corner Victorian townhouse is being sold in 'AS IS' condition that is brimming with rehab potential! Seller financing available with significant down payment @4.5% interest for two years with approved credit. Also listed is the vacant lot next door for a unique and exceptional investment opportunity in Truxton Circle neighborhood. SEE DCDC2171406.
Refined renovation/restoration of two unit dwelling with light well that brightens interior rooms. Modern, sophisticated upgrades with attention to original detail and charm. Exposed brick, original heart of pine flooring, 9 ft ceilings marry the old and the shine of the new. Thoughtful layouts in each 1000 sq. ft unit. First floor has two bedroom with two baths. Upper level has two bedrooms (or one bedroom + den) and one bath. Both levels with clawfoot tubs. Each units with its own rear porch area. Income potential: rent both units or live in one and rent out the other level. Rear off street parking with overhead garage door. Each unit with its own HVAC and ceiling fans as appropriate. Two hot water tanks. Each unit separately metered. Lovely front yard. Bus stop in front with Metro three blocks walking. It shines like a sparkling gem. Seller requests use of Community Title for settlement. Cleared TOPA documents already executed. C of O (Two Family Flat) in disclosures.
Huge price reduction !!! Great Opportunity! Own this 3 Units Property Near Bus and Metro stations in Vibrant U Street Corridor. Potential for adding top floors. Check with DC Govt. Seller responsible for water bill only. Great Opportunity for investors, Developers and Owner Occupant. Live in One Unit and Rent the other Two. Must call the owner to make appointment to gain access for all showings. 24 Hours Notice required. Central Air Conditioning. Will deliver Tenants free at settlement.
EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC's most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. -- EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. -- PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. -- LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. -- VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. -- TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. -- CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. -- ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. -- PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.
Introducing 473 M Street NW, a re-imagined 4 story Federal Townhome combining unique architectural features and today’s most sought-after modern amenities. Spanning 4,000+ sq feet, this Grand Dame was meticulously renovated into Two Units (with separate Tax IDs) and is being offered together providing a unique investment or multi-generational living opportunity. Soaring ceilings, sweeping hardwoods and two gorgeous Gourmet Kitchens are just a few details of this home. The main level unit features an open floor plan with a south-facing Bay window and a wood-burning fireplace. The Eat-In Kitchen adjoins the Dining Room with wet bar and features top of the line Bosch appliances, a gas cooktop, granite countertops, and an expansive Island with seating. Two Bedrooms and Two Baths are positioned off the back of the home and provide access to a private patio area perfect for outdoor entertaining. The Two-Level Penthouse Unit features an open floor plan with high ceilings, a generous Living Room with fireplace, Gourmet Center Island Kitchen with Bosch appliances and Breakfast Bar with wine fridge. Two Bedrooms are set privately down the Hall with Bathroom and Laundry. The Top level offers a one-of a-kind Owner’s Suite with soaring ceiling, fireplace and a wall of windows overlooking mature trees along M St. An additional Bedroom or entertainment area is set down the hallway and provides access to a large rooftop deck with great views. A lower level Studio with Kitchenette and private entrance complete this rare offering. 473 M Street is ideally located on a quiet one-way street, convenient to the city’s best amenities, Mt Vernon Square Metro, China Town and easy access in and out of the city via 395.
The median home value in Washington, DC is $644,900. This is higher than the county median home value of $640,500. The national median home value is $338,100. The average price of homes sold in Washington, DC is $644,900. Approximately 37.39% of Washington homes are owned, compared to 52.68% rented, while 9.93% are vacant. Washington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia 20001 has a population of 683,154. Washington 20001 is more family-centric than the surrounding county with 26.44% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia 20001 is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington 20001 is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.