Check Availability
$1,295,000
↓ $100K (7.2%)
Townhouse - For Sale

705 KENYON ST NW

WASHINGTON, DC 20010
bedrooms
Studio
bathrooms
0 Bath
$6,359
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to your cash-flowing oasis in the heart of a vibrant mixed-use neighborhood! This versatile multi-family property, located in the coveted Mixed-Use zone (NMU-4GA), offers endless possibilities for investors and entrepreneurs alike. With a total gross revenue of $141,000 in 2023, this property boasts a proven track record of profitability. Comprising of 2 - 3 bedroom, 2 bathroom units and 1 - 2 bedroom, 2-bathroom unit. The current owner has invested in all the furniture, necessary tools and systems that make this property a hassle-free turn-key short-term rental. Operating expenses are kept impressively low at just $25,000, maximizing your net income potential. Plus, with the option to build an additional level, the sky's the limit when it comes to expanding the rental income. For those looking to tap into the lucrative short-term rental market, this property is a goldmine. In 2023 alone, it was booked for a total of 257 nights, boasting an impressive average occupancy rate of 77% during peak travel seasons from March through August. Garnering an average review rating of 4.73% on Airbnb, this property is a favorite among discerning travelers seeking a home-away-from-home experience in Washington D.C. Whether you're interested in multi-family living, short-term rentals, or exploring the retail and office potential of this mixed-use zone, this property offers unparalleled flexibility and opportunity.
Unit Size
-
Days on Market
36 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1950
Last updated: 20 days ago (Bright MLS #DCDC2133412)

Price History

Date / Event Date Event Price
Apr 8, 2024 Price Decreased $1,295,000
↓ $100K (7.2%)
Price Decreased
Mar 28, 2024 Price Decreased $1,395,000
↓ $100K (6.7%)
Price Decreased
Mar 22, 2024 Listed by Compass $1,495,000
Listed by Compass
May 1, 2013 Sold to Dana Gilmore, David Gullick $525,000
Sold to Dana Gilmore, David Gullick

Property Highlights

Air Conditioning
Parking Details
Parking Features: None
Interior Details

Interior Information

Living Area Square Feet Source: Assessor

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$1,547,000 Jun 1, 2016
$1,547,000 Jul 22, 2016
-
Townhouse
4 Beds
4 Baths
1,880 ft²
$771/ft²
$1,450,000 Sep 7, 2023
$1,450,000 Oct 27, 2023
-
Townhouse
7 Beds
5 Baths
3,192 ft²
$464/ft²
$1,480,000 Aug 17, 2023
$1,480,000 Sep 14, 2023
-
Townhouse
6 Beds
5 Baths
2,420 ft²
$596/ft²
$1,442,000 Mar 3, 2023
$1,442,000 May 10, 2023
-
Townhouse
4 Beds
4 Baths
1,976 ft²
$856/ft²
$1,691,000 Dec 7, 2023
$1,691,000 Jan 8, 2024
-
Townhouse
5 Beds
5 Baths
2,420 ft²
$586/ft²
$1,418,000 May 4, 2023
$1,418,000 May 26, 2023
-
Townhouse
Stu
-
-
$1,695,000 Mar 2, 2024
-
-
Townhouse
Stu
-
-
$1,555,000 Mar 21, 2024
-
-
Townhouse
Stu
-
-
$1,425,000 Mar 3, 2024
-
-
Multifamily
Stu
-
-
$1,399,900 Mar 25, 2024
-
-
Multifamily
Stu
-
-
$1,400,000 Mar 20, 2024
-
-
Multifamily
Stu
-
-
$1,500,000 Nov 9, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240318
03/18/2024
8 Bed
6 Bath
2000 ft²
$1,495,000
bedrooms
8 Bed
bathrooms
6 Bath
square feet
2000 ft²
-
-
-
Jason Cohen
Compass
20210923
09/23/2021
Studio
-
3000 ft²
$1,197,500
bedrooms
Studio
bathrooms
-
square feet
3000 ft²
-
-
-
Corbett Daly
KW Metro Center
20180821
08/21/2018
9 Bed
6 Bath
-
-
bedrooms
9 Bed
bathrooms
6 Bath
-
-
-
-

Building Info

705 Kenyon Street Northwest 705 Kenyon Street Northwest, Washington, DC 20010
More about this Building
705 Kenyon Street Northwest
Want to find out who owns 705 Kenyon Street Northwest, Washington, DC 20010? Get detailed property transactions here .

About Northwest Washington


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