1771 T ST NW new to site

Washington,DC 20009

$ 2950000

- Bed

- Bath

3758 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,758 sqft

Price per Sqft $784

Subdivision Dupont Circle

MLS Listing ID DCDC2195428

Style Cottage,Federal

Year Built 1905

Annual Tax Amount $15,409

Tax Year 2024

Lot Size 1,700 Sqft

Property Sub-Type Interior Row/Townhouse

Property Description

Discover an exceptional investment opportunity at 1771 & 1776 T St NW, a well-situated multi-unit property in one of D.C.'s most sought-after neighborhoods—Dupont Circle. Nestled just steps away from trendy shops, top-rated restaurants, and vibrant city life, this highly desirable location offers both strong rental demand and long-term appreciation potential.

Currently generating an impressive $276,000 in annual rental income for both 1771 and 1769 (including parking revenue), this property is a turnkey investment with only two vacancies—allowing for immediate cash flow. The income is further enhanced by four dedicated parking spaces, each renting for $300 per month, providing an additional $1,200 monthly to the revenue stream.

For those looking to maximize value, explore the potential to convert this property into a luxury single-family row home, where comparable properties are commanding prices starting in the $4M+ range. Whether you're an investor seeking steady rental income or a developer envisioning a high-end residential transformation, this property presents an unmatched opportunity in a premier location.

Don't miss your chance to own a prime asset in Dupont Circle—schedule your private tour today!

Location

State DC

County Washington

Zoning R1

Interior

Hot Water Natural Gas

Heating Forced Air,Heat Pump(s),Radiator

Cooling Central A/C

Fireplaces Number 2

Exterior

Parking On Site 4

Water Access N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Special Listing Condition Standard

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