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.

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!

DCDC2175818

MLS ID

January 23, 2025

Listed

February 3, 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

12


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 2/3/2025. 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 2/3/2025 at 7:08 PM UTC

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