1027 EUCLID STREET, Washington, DC 20001

$899,900 Asking Price

3 beds
3 baths
1,136  sqft
Built in 1910

Solid Columbia Heights rowhouse with income-producing English basement & off-street parking! Extra buildable alley lots and additional garage parking may be negotiated separately for buyers looking to create something unique. Welcome to this stunning 3-bedroom, 2.5-bathroom home across 2 legal units and three floors in the heart of Columbia Heights—a perfect blend of classic charm and modern upgrades! Step inside to find wood floors, updated lighting, a stylish kitchen with stainless steel appliances and a functional layout ideal for cooking and entertaining. Enjoy your morning coffee on the inviting front porch or host friends in your private outdoor space. Need parking? This home offers TWO off-street parking spaces! Living dining, kitchen and powder room on main level then two generous size bedrooms, a den office that is currently being used as a full-size laundry room and a full bath. Best of all, this property includes a separately metered 1-bedroom, 1-bathroom English basement, perfect for rental income, a guest suite, or separate professional home office. With easy access to Metro, restaurants, parks, and shopping, this home is an absolute gem. Don’t miss your chance to own in one of D.C.’s most vibrant neighborhoods! As an investment property, the below pro forma is available based on market rate rental income. Income     •    Upper Unit Rental Income: $3,500 per month ($42,000 per year)     •    Basement Unit Rental Income (Furnished): $1,800 per month ($21,600 per year)     •    Total Gross Rental Income: $63,600 per year Operating Expenses     •    Property Insurance: $1,520 per year     •    Property Taxes: $7,000 per year     •    Total Operating Expenses: $8,520 per year Net Operating Income (NOI) Gross Rental Income - Operating Expenses $63,600 - $8,520 = $55,080 per year Capitalization Rate (Cap Rate) NOI / Asking Price $55,080 / $900,000 = 6.12% This investment property presents a 6.12% cap rate, making it a strong contender for an owner occupant or investors looking for rental income in a desirable location.

Features & Amenities

Interior

General:
2nd Kitchen,Dining Area,Floor Plan - Traditional,Kitchen - Galley,Wood Floors
Appliances:
Built-In Microwave,Dishwasher,Disposal,Dryer,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
Basement:
English,Daylight, Partial,Fully Finished,Outside Entrance,Front Entrance,Rear Entrance,Windows
A/C:
None
Heating:
Y, Hot Water, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Victorian

Construction

General:
Brick, 3, Slab

Location

Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
RF-1, 2863//0054
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Long & Foster Real Estate, Inc., Amy M Levin

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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