UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $397
Subdivision Shaw
MLS Listing ID DCDC2257766
Style Victorian
Abv Grd Liv Area 1,821
Year Built 1900
Annual Tax Amount $8,622
Tax Year 2025
Lot Size 1,540 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
This is a fantastic opportunity for an owner occupant investor, with a minimal cash down payment, to buy this building. Live in one unit and rent the other. This brings instant equity and low interest rate financing ideal for building a real estate investment portfolio. Live in it for a while, then move out and rent the second unit. This is the way to get into real estate investing.
The property features two spacious apartments (a 2BR/1BA and a 3BR/1BA) with three separate electric meters, premium finishes: solid oak hardwoods, granite countertops, stainless steel appliances, and updated systems. Beyond the aesthetics, the true value lies in the stabilized income stream. Occupied by long-term tenants, the building commands a strong NOI, reliably and insulated from market volatility.
Flexibility is a key feature here; currently configured as individual condominiums, it is possible to convert the property back to a single taxable unit to suit the specific investment strategy. Whether looking for a turnkey "buy and hold" or a strategic asset in one of the Washington DC's most resilient corridors, this building delivers the perfect blend of updated systems and a prime location. Live in one an rent the other "House Hack" is possible here with a 3.5% downpayment FHA loan.
Seller is motivated and interested in reviewing offers.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 1821
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0416//2001
Ownership Fee Simple
SqFt Source 2500
Special Listing Condition Standard
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Nearby School & Business
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