1771 T ST NW Active

Washington,DC 20009

$ 5900000

- Bed

- Bath

3758 SqFt


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 Description

Investment Opportunity: 1771 & 1769 T Street NW, Washington, D.C.

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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