1415 17TH ST NW
Washington, DC 20036

Description:

In the heart of historic Dupont Circle, The Samuel Francis is a legally established four-unit building offering unusual flexibility in one of Washington’s most walkable residential neighborhoods. Restaurants, cafés, daily conveniences, downtown, Georgetown, universities, hospitals, and multiple Metro stations are all readily accessible from 17th Street NW. Under the same ownership since 2010, the property has a documented history of full contractual occupancy during its long-running whole-building master-lease periods with a corporate-housing operator. The most recent master lease reflected an annual contractual rent of $130,800, with detailed historical rental records available for review. The building contains four separately metered one-bedroom, one-bath residences and is supported by a Certificate of Occupancy for four residential units. Recent documented improvements include new flooring, fresh interior paint, updated fixtures, recessed lighting and electrical/safety work, common-stair restoration, exterior and landscape improvements, and roof work. Delivered fully vacant, The Samuel Francis gives its next owner immediate control and exceptional optionality: establish a new whole-building lease, operate conventional or furnished residences, occupy one unit while leasing the other three, or maintain a private multi-residence Dupont Circle retreat—subject to applicable law and the buyer’s own operating plan. A legal four-unit building with documented income history, recent improvements, separate electric metering, and vacant delivery is a rare offering in Dupont Circle.