$ 1,099,000
-
$1,099,000
Price -
4
Bed -
2.5
Bath -
2,393
SqFt
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About the Listing MCE7 - 106255
A 5-Star Home & Turnkey Business in One Smart Investment Presenting 1204 Irving St NW: A rare opportunity where a beautiful home meets a high-performance financial asset. This smart-enabled property is a professionally managed, income-generating powerhouse ready for the savvy buyer. Live smart, earn smart. The Home: Beyond the impressive numbers lies an exquisite, move-in-ready home. The main level features a gracious, flowing floor plan, from the living room with its functional pocket door to the dining room, an updated kitchen and adjacent family room. Step outside to a private deck and cozy patio, perfect for relaxing or entertaining. A valuable two-car garage provides secure off-street parking. Upstairs, you'll find three bedrooms, a versatile den/office, and a sky-lit full bathroom. A bonus attic space offers storage or a playroom. The property is offered fully furnished and equipped—right down to the coffee makers. The Investment: As a turnkey short-term rental business with a five-star rating on both AirBnB and VRBO, this property generates significant revenue even at 60% occupancy. Beyond rental income, the home’s rooftop solar array provides another revenue stream. It provides free electricity and it generates significant passive income through quarterly SREC payments from PEPCO. The five-star status, furnishings, and operations can convey, allowing you to earn from day one. This unique setup offers unparalleled "house-hacking" flexibility: live in the main house and rent the legal one-bedroom apartment, or reside in the apartment and maximize revenue by renting the larger home. The Location: Perfectly situated at the top of Columbia Heights, you can walk to the Metro, shopping, and the vibrant 14th Street scene. Even closer are the fantastic neighborhood restaurants and pubs on 11th Street, just a block away. 1204 Irving St NW is a strategic asset that helps pay for itself. It is a smart move for any buyer looking to own a piece of D.C. that delivers both lifestyle and profit. Call Santiago to schedule a visit.
Listing Highlights for 1204 Irving St NW
Status
Active
Days on Site
6
Property Type
Townhome
MLS ®
DCDC2217294
Year Built
1900
Total Square Footage
2,393
Lot/Acreage
0.05
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces: 1, Gas/Propane,1 Fireplace
- Floor:
- Above Ground Sq Ft: 1810
- Below Ground Sq Ft: 583
- Basement: Front Entrance,Fully Finished,Garage Access,Improved,Rear Entrance,Walkout Stairs
- Other: 2nd Kitchen,Attic/House Fan,Attic,Breakfast Area,Ceiling Fan(s),Curved Staircase,Formal/Separate Dining Room,Skylight(s),Wood Floors,No Pet Restrictions,Pets Allowed
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: 2 car
- Parking Spaces: 2
- Zoning: RES
- Roof:
- Others: Exterior Lighting,Extensive Hardscape
- Sewer: Public Sewer
- Parking Features: Private,Secure Parking,Garage - Rear Entry,Detached Garage,Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,647
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1204 Irving St NW Washington, DC 20010
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