For Sale

Listed by Lee Arrowood

Source: Bright MLS #DCDC2037852

1652 Avon Place Northwest, Washington, DC, 20007

$1,495,000

0.01 ac.

MultiFam

30+ days on the market

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About this property

SHOWINGS RESTRICTED TO MARCH 4, 2-4 PM AND MARCH 18, 2-4 PM.Fantastic investment opportunity to either live and earn rental income, or lease a 2 unit interior rowhome in Georgetown’s charming East Village. Truly a turn key opportunity! Both units are fully renovated with new HVAC, kitchens with stainless steel appliances and open shelving, generous baths with frameless glass showers, laundry facilities in each unit and freshly painted throughout. Nestled on a beautiful tree-lined street, brimming with historic charm and surrounded by Montrose Park and Dumbarton Oaks Museum, this rowhome is currently divided into 2 separately metered and leased units. Unit #2 at the main level features 1BR/1BA, kitchen, washer/dryer unit, and open concept Living and Dining room with stone surround fireplace. The upper level, unit #1 is flooded with natural light and includes 1 BR/1BA with kitchen, openconcept Living and Dining room with stone surround fireplace, storage, and laundry. A generously-sizedand separately accessed basement is great for storage. Both units have rented consistently on a short term (Airbnb) as well as longer term basis even throughout pandemic lockdowns! The lower level unit generatedover $46,000 in short term rental income in 2021 and the upper level unit has also rented successfully rented on a longer term basis at $4500/month.

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