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Description:
Extraordinary opportunity in Columbia Heights! This expansive 9-bedroom, 6-bathroom, with 3 kitchens townhome offers over 3,300 sq ft of beautifully finished living space, including a legal 2-bedroom + den, 2-bath English basement with a private entrance—ideal for rental income, guests, or multi-generational living. The main home features 9 spacious bedrooms, elegant hardwood floors, tall ceilings, and multiple outdoor terraces perfect for relaxing or entertaining. Enjoy a large deck, secure off-street parking for 2 vehicles, and updated kitchens and baths that blend modern convenience with timeless charm. Whether you're looking to invest, house hack, or simply spread out, this rare property offers flexibility and function in one of D.C.’s most vibrant neighborhoods. Strategically located near Howard University, MedStar Washington Hospital Center, Children’s National Hospital, and the U Street and Columbia Heights Metro stations, this property is ideally positioned to attract tenants from the medical, academic, and professional sectors. Enjoy consistent rental demand and walkable access to parks, grocery stores, and cultural landmarks in one of D.C.’s most vibrant and evolving neighborhoods. Ready to move in—don’t miss this one! STRONG INVESTMENT POTENTIAL! With projected gross rental income of $187,200 annually and an estimated net operating income of $149,760, this property delivers an impressive CAP RATE of approximately 10.5% at the current list price. Whether operated as a co-living rental, multifamily investment, or live-in income-producing residence, 1228 Fairmont Street, NW presents a rare opportunity to maximize returns in a high-demand urban location.
Status | Active |
Added to RealtyWatch | June 11, 2025 - 22 days ago |
Listing Office | Samson Properties, Maxine P Gill |
MLS ID | DCDC2205646 |
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