$ 1,250,000
-
$1,250,000
Price -
4
Bed -
3
Bath -
2,232
SqFt
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About the Listing GENI1 - 52029
IMPROVED PRICE POINT FOR BUYERS! Modern Living in a Historic Setting - Beautifully Renovated Two-UnitTownhouse. Step into this stunning, newly renovated, end-unit townhouse with two stylish units, this home offers endless possibilities-- live in one, rent the other, or create an excellent investment opportunity. The Upper Residence has 3 bedrooms, 2 baths, brand new designer kitchen with custom cabinetry, granite countertops, and premium Stainless Steel KitchenAid appliances. Exposed brick walls and soaring ceilings showcase the historic charm. Spacious living and separate dining areas with hardwood floors and recessed lighting throughout. Renovated bathrooms and in-unit washer/dryer in each residence. Private deck--ideal for morning coffee or evening gatherings. Central air conditioning and heating for year-round comfort. The Lower Residence with an additional 744 s.f. of finished space has a Certificate of Occupancy and is separately metered for electric, featuring one bedroom, one bathroom with exposed brick details. New Kitchen with granite countertops and stainless steel appliances. Location is key! Nestled in a vibrant, convenient neighborhood, this home is close to restaurants, markets, the DC Convention Center, METRO, and downtown nightlife. The investment opportunity of this property has shown, consistently, above-market income for the past 15 years, with the pre-renovation annual NOI of $64,200. The Post-renovation annual NOI is expected to be $77,400, with a CAP RATE of 6.2%. The total finished square footage on the three levels is 2,226.
Listing Highlights for 1507 Marion St NW
Status
Active
Days on Site
27
Property Type
Townhome
MLS ®
DCDC2224926
Year Built
1900
Total Square Footage
2,232
Lot/Acreage
0.02
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Oven/Range - Gas, Refrigerator
- Air Cond: Central A/C
- Heating: Central,Forced Air
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft: 1488
- Below Ground Sq Ft: 744
- Basement: Front Entrance,Fully Finished,Rear Entrance,Daylight,Full,Sump Pump,Walkout Stairs,Windows
- Other: Breakfast Area,2nd Kitchen,Bathroom - Tub Shower,Bathroom - Walk-In Shower,Floor Plan - Traditional,Formal/Separate Dining Room,Kitchen - Eat-In,Kitchen - Table Space,Recessed Lighting,Upgraded Countertops,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RF-1
- Roof: Unknown
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $8,040
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
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Listing Location
Questions About..
1507 Marion St NW Washington, DC 20001
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