UPDATED:
02/24/2025 04:19 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
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "
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