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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!
Status | Active |
Added to RealtyWatch | April 14, 2025 - 5 days ago |
Listing Office | United Real Estate, Angie Lundy |
MLS ID | DCDC2195428 |
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