UPDATED:
02/03/2025 05:36 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,758 sqft
Price per Sqft $1,569
Subdivision Dupont Circle
MLS Listing ID DCDC2175818
Style Cottage,Federal
Abv Grd Liv Area 2,717
Originating Board BRIGHT
Year Built 1905
Annual Tax Amount $15,409
Tax Year 2024
Lot Size 1,700 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Property Description
Must purchase together since adjoined
Now available together, 1771 and 1769 T Street NW offer a rare and lucrative investment opportunity in one of Washington, D.C.'s most desirable neighborhoods. These two classic brick buildings boast a combined 5,434 sq ft of versatile living space, providing a mix of income-generating units with significant potential for creative reconfiguration.
The properties include a spacious 3-bedroom penthouse unit that adjoins both buildings, allowing for a variety of possibilities, whether for high-end rental income or future redevelopment. The diverse layouts across the buildings include:
- 2 Studio units**
- 1 One-bedroom unit**
- 1 One-bedroom + den**
- 2 Two-bedroom floor plans**
- 1 Three-bedroom penthouse unit**
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 (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 MULTI FAMILY
Interior
Hot Water Natural Gas
Heating Forced Air, Heat Pump(s), Radiator
Cooling Central A/C
Fireplaces Number 2
Fireplace Y
Heat Source Natural Gas, Electric
Exterior
Parking On Site 4
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Cottage, Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0151//0239
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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