Elegant Dupont Circle Rowhouse, Boasting Huge Rental Income Potential, Hits the Market
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A beautiful four-story Dupont Circle rowhouse, with three renovated units that will offer more than $200,000 in annual rental income, has hit the market for the first time in nearly two decades.
The home at 1624 19th Street NW is listed for $3,199,000 and represents an incredibly unique opportunity for the right buyer or investor. For more information, visit the property at 162419thstnw.com, or contact TTR Sotheby’s Jan Evans at jevans@ttrsir.com or 301-873-3596.
Originally built in 1964, the property’s exterior epitomizes Dupont Circle’s grandest residences: stately, ornamental and elegant, with stylish bay windows and an ornate top floor balcony. The property measures at nearly 5,000 square feet, with four above-ground floors, and a total of eight bedrooms and six-and-a-half bathrooms.
Units 101 and 201 boast large living areas, beautiful stainless-steel kitchens, two custom tiled bathrooms and two spacious bedrooms. Both of the units feature expansive, custom country-style built-in cabinets and shelving, and while unit 101 has a stylish faux fireplace, unit 201 has a working wood burning fireplace.
The two-story penthouse offers an incredible, light-filled floorplan with cathedral ceilings and skylights. It measures at over 2,000 square feet, features four bedrooms and two-and-a-half bathrooms, and boasts an expansive living space with a separate dining room that is hard to come by in DC rowhouse layouts. Finishes include hardwood floors throughout, a wood burning fireplace, a stainless-steel eat-in kitchen, and a new washer/dryer. The property has a shared front patio, and two-car parking is available behind the house.
In addition to these three residences, the new owner has the option to increase the number of units. Plans have also already been drawn up to build an additional floor in order to offer a den and open rooftop for the penthouse, if desired.
This special rowhouse is located one block from Dupont Circle, the Dupont Circle Metro station and the neighborhood’s popular FRESHFARM farmers’market. Neighborhood restaurants, cafes and grocery stores abound, and the Dupont dog park is just two blocks away.
For more information, visit the property here, or contact TTR Sotheby’s Jan Evans (agent and owner) at jevans@ttrsir.com or 301-873-3596.
See other articles related to: Dupont Circle real estate, ttr sothebys international realty
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/elegant_dupont_circle_rowhouse_boasting_huge_potential_rental_income_hits_m/22749.
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