Pending

704 I St SE

Washington DC, 20003

$799,900


$586.01 per sqft

Pending

2 Beds

1,365 sqft

Multi-family

Built in 1912

Legal 2-unit INVESTMENT OPPORTUNITY for both homeowners and investors alike. If you're looking for a steady rental stream or aiming to capitalize on the booming short-term rental market, this property is the perfect match. Located just around the corner from Barracks Row Main Street, this Victorian-style row house offers a seamless blend of Capitol Hill charm and Navy Yard convenience. The two-level upper unit features a comfortable 2 bed/1 bath floor plan with ample living space, while the separate English basement studio provides flexibility as an income-generating rental or as a private living pad for guests/extended family. Currently owner-occupied, but upper unit previously rented for $2,900/mo. & the lower unit for $1,750/mo. Live in either unit and rent out the other to subsidize your mortgage and maximize profits. The property's PRIME LOCATION offers easy access to a diverse array of dining options and unique local shops. Whether you're grabbing a quick bite, enjoying a leisurely dinner, or exploring nearby boutiques, everything is at your fingertips. Just 3 blocks to Eastern Market and Metro! Improvements since 2019 include new roof, windows, upper unit bathroom and HVAC. New shaker kitchen cabinets, quartz countertops and recessed lighting were also recently added in the upper level unit.

DCDC2164646

MLS ID

October 17, 2024

Listed

November 22, 2024

Updated

Map

704 I St SE
Washington DC, 20003

Interior Features

Bedrooms

2


Interior Features

Wood


Appliances

Dishwasher, Disposal, Refrigerator, Electric Oven, Electric Range, Washer, Electric Water Heater


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Electric, Exhaust Fan

Exterior/Building Features

Lot Size

0.01 Acres


Architectual Style

Victorian


Sewer

Public Sewer

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes

$7,133


Tax Frequency

Annually


Days on Market

21


Garage

No


Parking

On Street


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/15/2024

Pending

11/6/2024

Under contract

10/17/2024

Active

Listed by Redfin Corp
Listing Contact: 2026809988 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. 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 11/22/2024 at 1:40 AM UTC

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