1. District of Columbia
2. Washington
3. 3 NEW YORK AVENUE

3 NEW YORK AVENUE, Washington, DC 20001

Property Description

Investment Opportunity: Fully Renovated Property with Income Potential This prime property, owned by a licensed realtor, presents a fantastic investment opportunity. With an application already submitted for a Bed and Breakfast or Small Motel license, we are currently awaiting DC review. The property is ideally suited for a variety of businesses, including short-term rentals, offering excellent potential for high returns. Proven Profit: The property generated over $118,000 in estimated profits last year—demonstrating its strong income potential. Two Fully Renovated Units: Basement Unit: Features a 1-bedroom, 1.5-bathroom layout, perfect for a private rental or guest suite. Upstairs Unit: Offers 3 spacious bedrooms, 1 bathroom, and modern finishes throughout. Both units boast gourmet kitchens, upgraded in 2021, providing high-end living for tenants or guests. Security & Privacy: The property is secured with a fenced-in yard and a gated entry, ensuring peace of mind for residents and guests. This property is ready to deliver strong returns, whether you’re looking to operate a short-term rental, B&B, or small motel. Don't miss out on this incredible opportunity to own a fully renovated, income-generating property in a sought-after location.

Listing Status:

Active

Date Added:

March 31, 2025 at 05:00AM

Listing Office:

Realty ONE Group Capital : 2029325100

Listing Agent:

Payam Bakhaje : 2023452778

MLS ID:

DCDC2192168

Interior

• Flooring: Other
• A/C: None
• Heating: YHeat Pump(s)Electric
• Disability Feature: None

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Payam Bakhaje, Realty ONE Group Capital