Residential Income Property with Rooftop
For Sale
$250,000
1736 COLUMBIA ROAD NW Unit 307, Washington, DC 20009
Move-in ready one-bedroom, one-bath unit in a residential income building with rooftop deck and on-site amenities.
Property Size630 SF
Days on Market161
Property Features for 1736 COLUMBIA ROAD NW Unit 307
General Information
Standard status
Active
Size
630 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$94,356
Amenities
laundry room
fitness room
indoor bike storage
recreation room
wood working room
roof top deck
storage unit
Building Details
Building Size
630 SF
Year Built
1915
Listing Agency:
EXP Realty, LLC
Listed By:
Trey E Grooms · License #0225062063
(703) 915-3501
Source:
Kwcapitalproperties
Added: Apr 29
Changed: Oct 3
Last Checked: Oct 6 at 12:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Investment Insights
Based on property information with market context.
Move-in ready one-bedroom, one-full-bath unit in The Beverly Court Building. The interior includes stainless steel appliances, built-in bookshelves, and a closet system in the bedroom. Residents can enjoy the rooftop deck for evening views.
The building amenities include a laundry room (included in the condo fee), a fitness room, indoor bike storage, and shared recreation spaces such as a wood working room for residents to use. The community is also pet friendly. A storage unit is included with this unit.
Located just steps from Adams Morgan, the property offers convenient access to dining, coffee shops, nightlife, and nearby Metro options. It is also close to Meridian Hill Park and Rock Creek Park. The building was built in 1915.
The building amenities include a laundry room (included in the condo fee), a fitness room, indoor bike storage, and shared recreation spaces such as a wood working room for residents to use. The community is also pet friendly. A storage unit is included with this unit.
Located just steps from Adams Morgan, the property offers convenient access to dining, coffee shops, nightlife, and nearby Metro options. It is also close to Meridian Hill Park and Rock Creek Park. The building was built in 1915.
Key Highlights
- Rooftop deck for evening views
- Move‑in ready one‑bedroom, one‑bath unit
- Stainless steel appliances plus built‑in bookshelves and bedroom closet system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,260
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,200
$245.2K
Cap Rate 7%
$175,143
$175.1K
Cap Rate 9%
$136,222
$136.2K
Market Conditions
NOI Build-Up for 630 SF
Gross rent
$23.7K $37.56/SF
− Vacancy
−$1.4K −$2.18/SF
EGI
$22.3K $35.38/SF
− OpEx
−$10.0K −$15.92/SF
NOI
$12.3K $19.46/SF
Area
ZIP 20009
Vacancy
5.80%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$245,200
Cap Rate 7%
$175,143
Cap Rate 9%
$136,222
Alternative Uses
Best Use
Apartment 5plus
$175.1K
$153.3K – $204.3K
NOI $12,260 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.1K
$283.6K – $378.1K
NOI $22,684 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,590
Businesses Nearby
Explore this area
Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Move-in ready one-bedroom, one-bath unit in a residential income building with rooftop deck and on-site amenities.
Where is this residential income property located?
The property is located at 1736 COLUMBIA ROAD NW Unit 307 Washington, DC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Rooftop deck for evening views; Move‑in ready one‑bedroom, one‑bath unit; Stainless steel appliances plus built‑in bookshelves and bedroom closet system
