1425 Q St Nw, Washington, DC 20009

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Sold Price
$1,915,000
List Price
$1,940,000
Closing Date
Feb 14, 2025
Days on Market
34
Status
CLOSED
MLS#
DCDC2168924
Living Area
3,380
Lot Size (Acres)
0.05
Style
Victorian
Year Built
1880
County
Washington
School District
District Of Columbia Public Schools

Property Description

Welcome to 1425 Q Street Northwest, an enchanting and smart opportunity with an A+ location nestled in the vibrant heart of Washington, DC. This impressive 3-unit building boasts a gross annual rent of over $115k, with a remarkable 16.8 gross rent multiplier, making it a savvy addition to any portfolio. Situated on a 2,090 square foot lot, this property offers the convenience of two-car parking—an invaluable asset in the bustling city. Each unit is equipped with essential amenities, including a dryer, washer, and air conditioning, ensuring comfort and convenience for tenants. All units are multi-level with functional floor plans and superb flow. The location is unparalleled, placing you just steps away from the lively 14th Street and P Street retail corridors. Enjoy the culinary delights of renowned eateries such as Le Diplomate and Barcelona, or take advantage of the proximity to the Dupont Metro and Circulator buses for seamless city commuting. The iconic Logan Circle is also nearby, offering a charming urban oasis. Whether you're an investor seeking a high-performing asset or a homeowner looking to capitalize on rental income, 1425 Q Street Northwest presents a compelling opportunity. Embrace the dynamic lifestyle of Washington, DC, with this strategically positioned property that combines modern living with smart investment potential. Don't miss the chance to own a piece of this thriving community.

Additional Information

Subdivision
Logan Circle
Interior Features
Open Floor Plan, Traditional Floorplan
School District
District Of Columbia Public Schools
Fireplaces
3
Flooring
Wall-To-Wall Carpet, Hardwood, Wood
Exterior Features
Sidewalk
Heating
Central
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Basement
Finished, Daylight, Full, Full, Improved, Exterior Entry, Windows

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Calculator source: Real Geeks

Listing courtesy of Compass. Contact:

Selling Office: Unrepresented Buyer Office.