$1,194,998

3 NEW YORK AVE NW, Washington, DC 20001

  • Property Icon other
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Exceptional Investment Opportunity – Fully Renovated & Income-Producing Property Unlock the potential of this beautifully renovated property, owned by a licensed Realtor, and primed for serious cash flow. With an application already submitted for a Bed & Breakfast or Small Motel license (currently under DC review), this versatile property offers a rare chance to generate substantial income in one of DC’s most sought-after areas. Impressive Income Performance This property brought in an estimated $118,000 in profit last year—a proven income generator that’s ready for the next savvy investor. Two Fully Renovated Units – Turnkey Ready Lower-Level Unit: 1 Bedroom | 1.5 Bathrooms – Perfect as a private rental, guest suite, or Airbnb. Main & Upper Levels: 3 Bedrooms | 1 Bathroom – Featuring spacious bedrooms and contemporary finishes throughout. Both units offer gourmet kitchens upgraded in 2021, with high-end appliances and modern design that will impress tenants and guests alike. Privacy, Security & Curb Appeal The property is fully fenced with gated entry, providing peace of mind and a sense of exclusivity for residents and visitors. Appraised at $1.5M Last Year – Motivated Seller Offering Closing Help Whether you want to operate a short-term rental, B&B, or boutique hospitality business, this property is ready to deliver strong returns. Don’t miss your chance to own this income-producing gem. Contact us today for a private tour!

Listing Status:
Active
Listing Office:
Realty ONE Group Capital : 2029325100
Listing Agent:
Payam Bakhaje : 2023452778
MLS ID:
DCDC2192168
  • Flooring: Other
  • A/C: None
  • Heating: Heat Pump(s)Electric
  • Disability Feature: None

This listing courtesy of Payam Bakhaje, Realty ONE Group Capital

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walker-Jones Education Campus

1125 New Jersey Ave NW, Washington, DC, 20001

Grades EE-8

0.33 miles away

W

Walker-Jones Education Campus

1125 New Jersey Ave NW, Washington, DC, 20001

Grades EE-8

0.33 miles away

D

Dunbar High School

101 N St NW, Washington, DC, 20001

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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