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47
Photos
4
beds
2
baths
2,864
sqft
Built in
1910
**Incredible Investment Opportunity in the Heart of DC – ARTS 3 ZONING!** Presenting an exceptional investment opportunity at 1340 T St. NW in the highly coveted 14th St/Restaurant Row/U St. area of Washington, DC. This extra large end-of-row home offers the perfect blend of prime location, great potential, and endless possibilities for both owner-occupants and investors alike. This charming two-unit home is situated just steps from the vibrant 14th St. NW corridor, known for its eclectic mix of trendy restaurants, cafes, and boutique shops, making it one of DC's most sought-after location for renters and future buyers. With two spacious, two-level units, each offering 2 bedrooms and 1 bathroom, this property spans an impressive 1,432 sq. ft. per unit (total property sf is 2864 per tax record and floor plan)– ideal for a variety of living arrangements. Live in one, rent the other, etc. **A Dream for Investors:** This property is a standout for developers, thanks to its Arts 3 DC zoning, which provides the potential for a wide range of redevelopment opportunities. Whether you're looking to capitalize on the growing demand for housing or expand the property into a multi-unit building, this zoning offers flexibility for both residential and mixed-use projects. Investors will appreciate the potential for significant returns in a neighborhood that is continuously appreciating in value. **Why Invest in 1340 T St. NW:** - **Location, Location, Location:** You can't get more hip and happening than 14th St./Restaurant Row, which is a dynamic and rapidly appreciating neighborhood. This area is home to some of DC's most popular dining and nightlife options, making it an in-demand spot for renters and future homeowners alike. - **Transit-Oriented:** Convenient access to multiple Metro stations and bus lines means easy commutes to downtown DC and beyond. This adds even more value for potential tenants or future buyers. - **Rental Demand:** The growing demand for rental properties in this neighborhood makes it an ideal spot for investors seeking steady cash flow. Living at 1340 T St. NW offers unparalleled access to everyday conveniences, including several grocery stores within walking distance. Whether you're stocking up for the week or need a quick trip for essentials, you'll find a variety of options nearby: Whole Foods Market (14th St. NW & P St. NW) – Just a short walk away, Whole Foods offers a wide selection of organic and locally sourced products, perfect for those who prioritize fresh, high-quality ingredients. Trader Joe’s (7th St. NW & H St. NW) – A quick drive or a 10-minute walk brings you to Trader Joe’s, known for its unique selection of affordable gourmet and organic products. CityCenterDC’s Food Market (10th St. NW & I St. NW) – For even more variety, the nearby Food Market offers a mix of local and international food options, perfect for those looking to explore new culinary experiences. **Outdoor Space & Parking Potential:** The property also features a rear patio with ample space, offering the potential to create parking – an added bonus in a city where parking can be a premium. Don’t miss out on this incredible opportunity to own a piece of DC in one of the city’s most sought-after locations. With its combination of a prime location, zoning flexibility, and great potential, 1340 T St. NW is a must-see for developers and/or owner occupants looking to make a smart move!
Features & Amenities
Interior
- General:
- 2nd Kitchen,Cedar Closet(s),Combination Dining/Living,Dining Area,Floor Plan - Open,Walk-in Closet(s),Wood Floors
- Appliances:
- Stainless Steel Appliances,Washer - Front Loading,Dryer - Front Loading,Refrigerator,Water Heater,Microwave
- Laundry:
- Has Laundry,Lower Floor,Main Floor,Washer In Unit,Dryer In Unit
- Flooring:
- Hardwood,Luxury Vinyl Plank
- A/C:
- Central A/C
- Heating:
- Y, Forced Air, Electric
- Disability Feature:
- None
Exterior
- General:
- Fire Escape, Above Grade,Below Grade
- Style:
- Victorian
Construction
- General:
- Brick, 4, Other
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- ARTS-3, 0238//0091
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Compass, Randy LiVorsi
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Washington, DC
Housing
- Number of Units
- 355,879
- Median Home Value
- $676,049
- Median Rent
- $1,533
59.41% of housing units are renter occupied.
10.61% are vacant.
Commute
- Car
-
26.04%
- Public Transportation
-
22.45%
- Walk to Work
-
9.05%
- Work from Home
-
38.64%
- Other
-
0.89%
The median travel time to work is 21 minutes.
People
- Population
- 676,761
- Median Age
- 35.60
- Median Household Size
- 2.29
Education
- High School
-
15.71%
- Associate’s Degree
-
2.77%
- Bachelor’s Degree
-
26.24%
- Graduate Degree
-
36.17%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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