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901 L Street Northeast

Washington DC 20002

0.02 ac.
Multi-Family
Currently for sale - view listing

Overview

100K price improvement and last chance! Off the market August 1st. Completely renovated in 2018 legal two-unit Victorian townhouse set on a corner lot provides plenty of space, indoors and out. Live comfortably in the upstairs unit and offset your mortgage with revenue from basement unit. Rent both units and gross over $60,000 a year in annual income. Renovation was completed with utmost care - owners have detailed renovation plans, permits, and proof of inspections. Have no doubts that this is a remarkable, well-built and lovingly cared for home. The home’s expansive, open floor plan is punctuated by stunning oak floors, walls of windows, recessed lighting, soaring ceilings, and flexible living spaces abound throughout. Upstairs unit includes a true chef’s haven with custom cabinets, stainless steel appliance suite, quartz counters, and ample storage. An exposed brick staircase leads upstairs to two spacious bedrooms, two bathrooms, ample closet storage, and a central washer-dryer. The basement unit is a fully finished 1-bed, 1-bath accessory apartment with a CofO (certificate of occupancy) and an estimated annual income of $21,600 - $24,000 a year as a standard rental for the basement. The upstairs unit successfully rented for $3,425 a month.

Features

0.02 ac. lot size
Multi-Family

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52%
52% of sellers in Washington reported that their sale price either exceeded or met their price expectations.

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