1771 T Street NW

Description

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 youre 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.Dont miss your chance to own a prime asset in Dupont Circle"schedule your private tour today!