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Map
$2,595,000
●
Townhouse -
In Contract
1101 P ST NW
WASHINGTON, DC 20005
Studio
0 Bath
$12,742
Estimated Monthly
$0
HOA / Fees
About This Property
Prime corner location 6-unit rental in excellent condition and just
1.5 blocks from Logan Circle in Washington DC. Highly
desirable and easy to rent, this investment property is ready to
add to your portfolio. Its condition and location make it an
ideal investment capable of commanding above market rents.
Currently configured into five 1BRs and a massive 2BR, the
building features 6,060 sf of MU-4 (mixed use) zoning.
Currently, 5 units are operated under a corporate housing model
that can be continued or transitioned into yearly leases after the
sale. One unit is under current lease that runs through April
2024. It has a two-car garage and driveway parking for two
additional cars.
Fully renovated in 2008, the units are outfitted with solid cherry hardwood floors, tall ceilings with recessed lights, and travertine marble baths with tubs and glass showers. the kitchens vary in size, but most include white quartz counters, stainless steel appliances, dishwashers and breakfast bars. Each unit has its own front loading washer/dryer. Heating and AC are electric heat pumps and the cooking fuel is gas. There are seven electrical meters including one for each unit and one house meter. Each unit has a 200 amp service and has been fully upgraded.
Originally built in 1900, the building is historic and includes a L'Enfant facade easement. The front entry is grand with wood and glass french doors topped with a decorative leaded transom. The front and side yards are low maintenance stone and there are crepe myrtle trees all around. Unit B is a huge and bright 1BR/1.5BA in the basement with windows all around and its own separate entrance.. Unit 1F is a 1,400+ sf 2BR/2.5BA with tall ceilings, its own fireplace, a gourmet kitchen with a sub zero fridge and massive bedrooms, its own rear balcony. Unit 2F is a 1BR/1BA in the front with a large bay window and ample southern light and a stylish kitchen. Unit 2R is a 1BR/1BA with multiple exposures, a large bedroom, a quartz countered wrap-around kitchen and large entryway with multiple closets. Unit 3F is a 1BR/1BA on the top floor set into the mansard roof with a separate kitchen, big bedroom, a curved wall and a marble bath with glass shower. Unit 3R is a top floor 1BR w/sleek kitchen, large bedroom, great views and plenty of storage.
*** Close to metro, bus lines, Whole Foods, bars, restaurants, yoga and fitness studios, downtown DC and more. 14th St, NW is a 5 minute walk. ***
Fully renovated in 2008, the units are outfitted with solid cherry hardwood floors, tall ceilings with recessed lights, and travertine marble baths with tubs and glass showers. the kitchens vary in size, but most include white quartz counters, stainless steel appliances, dishwashers and breakfast bars. Each unit has its own front loading washer/dryer. Heating and AC are electric heat pumps and the cooking fuel is gas. There are seven electrical meters including one for each unit and one house meter. Each unit has a 200 amp service and has been fully upgraded.
Originally built in 1900, the building is historic and includes a L'Enfant facade easement. The front entry is grand with wood and glass french doors topped with a decorative leaded transom. The front and side yards are low maintenance stone and there are crepe myrtle trees all around. Unit B is a huge and bright 1BR/1.5BA in the basement with windows all around and its own separate entrance.. Unit 1F is a 1,400+ sf 2BR/2.5BA with tall ceilings, its own fireplace, a gourmet kitchen with a sub zero fridge and massive bedrooms, its own rear balcony. Unit 2F is a 1BR/1BA in the front with a large bay window and ample southern light and a stylish kitchen. Unit 2R is a 1BR/1BA with multiple exposures, a large bedroom, a quartz countered wrap-around kitchen and large entryway with multiple closets. Unit 3F is a 1BR/1BA on the top floor set into the mansard roof with a separate kitchen, big bedroom, a curved wall and a marble bath with glass shower. Unit 3R is a top floor 1BR w/sleek kitchen, large bedroom, great views and plenty of storage.
*** Close to metro, bus lines, Whole Foods, bars, restaurants, yoga and fitness studios, downtown DC and more. 14th St, NW is a 5 minute walk. ***
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1900
Listed By
Last updated: 27 days ago (Bright MLS #DCDC2130116)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 2, 2024 | In contract | - | |
In contract | |||
Feb 29, 2024 | Listed by Engel & Volkers Washington, DC | $2,595,000 | |
Listed by Engel & Volkers Washington, DC |
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Features: Basement Garage
Parking Features: Parking Garage, Driveway
Garage Spaces: 2
Total Garage and Parking Spaces: 4
Interior Details
Interior Information
Flooring Type: Hardwood
Living Area Square Feet Source: Estimated
Fireplace Information
Has Fireplace
Fireplaces: 2
Exterior Details
Property Information
Ownership Interest: Fee Simple
Property Condition: Excellent
Year Built Source: Assessor
Building Information
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Structure Type: End of Row/Townhouse
Construction Materials: Brick
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $1,471,470
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $11,797
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $1,471,470
Tax Year: 2022
Tax Annual Amount: $11,797
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Heat Pump - Electric BackUp
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Natural Gas, Instant Hot Water, Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
5
Beds
5
Baths
4,205 ft²
$600/ft²
$2,525,000
Jan 4, 2024
$2,525,000
Mar 8, 2024
-
Townhouse
4
Beds
4
Baths
3,000 ft²
$775/ft²
$2,325,000
Mar 14, 2023
$2,325,000
Jun 2, 2023
$160/mo
Townhouse
7
Beds
7
Baths
4,310 ft²
$661/ft²
$2,850,000
Mar 10, 2023
$2,850,000
Apr 14, 2023
-
Townhouse
4
Beds
5
Baths
4,208 ft²
$576/ft²
$2,425,000
Jan 10, 2023
$2,425,000
Apr 3, 2023
-
Townhouse
5
Beds
4
Baths
2,678 ft²
$822/ft²
$2,200,000
Apr 20, 2023
$2,200,000
May 31, 2023
-
Townhouse
4
Beds
4
Baths
3,416 ft²
$585/ft²
$2,000,000
Mar 3, 2023
$2,000,000
Mar 29, 2023
-
Townhouse
4
Beds
5
Baths
2,375 ft²
$1,006/ft²
$2,390,000
Mar 15, 2024
-
-
In Contract
Townhouse
5
Beds
5
Baths
3,408 ft²
$703/ft²
$2,395,000
Sep 20, 2023
-
-
Townhouse
4
Beds
5
Baths
3,048 ft²
$722/ft²
$2,199,900
Apr 4, 2024
-
-
Active
Townhouse
3
Beds
2
Baths
1,156 ft²
$1,990/ft²
$2,300,000
Apr 5, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
1101 P Street Northwest
1101 P Street Northwest, Washington, DC 20005
- 1 Unit for Sale
About Northwest Washington
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