Active
1771 T St NW
Washington DC, 20009
$5,900,000
$1,569.98 per sqft
Active
10 Beds
3,758 sqft
Multi-family
Built in 1905
**Investment Opportunity: 1771 & 1769 T Street NW, Washington, D.C.**
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**
Currently, only 2 vacancies . The properties are further enhanced by **4 parking spaces**, generating **$300 per month** each--adding to the overall monthly rental income of **$22,500**, and a total of **$276,000 annually**, including parking revenue.
At the current listing price of just under **$6 million**, the cap rate is just under 5%, a solid return for an urban market with excellent appreciation potential. Washington, D.C. continues to lead the nation with **58.9% renter-occupied homes**, ensuring a strong demand for rental properties in this vibrant area.
**Investment Highlights:**
- **5,434 sq ft of living space**
- **Fully occupied units**
- **4 parking spaces generating $1,200/month**
- **$22,500 monthly rental income + parking = $276,000 annually**
- **Cap rate just under 5%**
- **Impressive appreciation
This is an excellent opportunity for investors looking to capitalize on a prime urban location with proven rental income and strong growth potential. Don't miss out on this exceptional offering!
DCDC2175818
MLSⓇ ID
January 23, 2025
Listed
January 24, 2025
Updated
Map
1771 T St NW
Washington DC, 20009
Interior Features
Bedrooms
10
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Electric, Natural Gas
Exterior/Building Features
Lot Size
0.04 Acres
Architectual Style
Cottage, Federal
Sewer
Public Sewer
School Information
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Details
Taxes
$15,409
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listed by United Real Estate
Listing Contact: 5712687977
The IDX display contains information sourced from the Bright MLS, Inc. as of 1/24/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/24/2025 at 1:36 AM UTC