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

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