Courtesy of Jonas McGaha, TTR Sotheby’s International Realty jmcgaha@ttrsir.com
Property Description
***Open House*** Join us this Sunday from 2:00 PM to 4:00 PM! Uncover an incredible house-hacking opportunity in Fort DuPont Park with this well-maintained, four-unit income-generating property. Ideally located just a short walk from Pennsylvania Avenue, you’ll enjoy quick access to downtown D.C. and Capitol Hill. Each unit boasts one bedroom and a den, with two units available for immediate occupancy, one leased until November 15, 2024, and another awaiting your renovation ideas. Seize the opportunity with this turnkey multi-unit property to elevate your income while embracing the joys of homeownership. Your investment journey is straightforward: move into one unit and rent out the others to effortlessly cover your mortgage costs. This strategy empowers you to build equity at an exceptional value, with average one-bedroom rental rates in this area reaching $1,750, resulting in over $6,500 monthly! This property is also perfectly positioned in Ward 7, an area on the brink of transformative redevelopment. Numerous projects launching soon will introduce thousands of apartments and office spaces, ensuring long-term appreciation. Don’t miss this prime opportunity for immediate returns and significant future growth. Whether you’re an experienced investor or just getting started, this property is a must-see for anyone eager to optimize their investment.
Open House
Property Details and Features
-
Appliances & Equipment
- Built-In Microwave
- Built-In Range
- Instant Hot Water
- Oven/Range – Gas
- Refrigerator
- Stove
-
Bathrooms
- 4 total bathrooms
- 2 bathrooms on all upper levels
- 2 bathrooms on main level
- 4 full bathrooms
- 2 full bathrooms on main level
-
Bedrooms
- 2 bedrooms on upper levels
- 4 bedrooms
- 2 bedrooms on main level
-
Building
- 3,032 sqft living area
- 3,032 sqft above grade (finished)
- 735 sqft below grade (unfinished)
- Built in 1942
- Structure Type: Detached
- 2 levels
- Georgian
- Traditional
- Brick
-
Cooling
- Electric
- None
-
Accessibility Features
- 32+ wide Doors
-
Exterior Features
- Exterior Lighting
- Flood Lights
-
Foundation
- Brick/Mortar
-
Heating
- Natural Gas
- Hot Water
-
Interior Features
- Bathroom – Tub Shower
- Breakfast Area
- Built-Ins
- Carpet
- Crown Moldings
- Dining Area
- Floor Plan – Open
- Pantry
- Primary Bath(s)
-
Laundry
- Hookup
-
Listing
- 2 days on market
- $231 per sqft
- Property SubType: Single Family Residential
-
Location
- County: Washington
- Subdivision: Fort Dupont Park
-
Lot
- 2,976 sqft
- 0.07 acres
-
Property
- Other Structures: Above Grade,Below Grade
- Outdoor Living Structures: Enclosed,Screened
- Soil Types: Chillum-Urban Land Complex
-
Schools
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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Sewer
- Public Septic
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Taxes
- City/Town Tax: $4,743
- City/Town Tax Pymnt Freq: Annually
- County Tax Pymnt Freq: Annually
- Tax Annual Amount: $4,743
- Tax Year: 2023
-
Utilities
- Hot Water: Instant Hot Water
Property Map
Street View
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Nearby Schools
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This content last updated on October 25, 2024 5:02PM.