One-Bedroom Residential Income
For Sale
$349,900
2001 16TH STREET NW Unit 307, Washington, DC 20009
Light-filled residence with renovated bath, in-unit laundry, and a granite-and-stainless galley kitchen.
Property Size565 SF
Days on Market32
Property Features for 2001 16TH STREET NW Unit 307
General Information
Standard status
Active
Size
565 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,963
Amenities
in-unit laundry
additional storage
Building Details
Building Size
565 SF
Year Built
1915
Construction
Beaux-Arts
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Jane McDonnell · License #SP98369332
(202) 744-7192
Source:
Kwcapitalproperties
Added: Sep 17
Changed: Oct 10
Last Checked: Oct 16 at 4:50PM
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 TTR Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This one-bedroom residence is located within The Brittany, a Beaux-Arts building completed in 1915. The interior combines custom flooring, exposed brick details, oversized windows, neutral finishes, and a layout designed for comfortable daily use. The galley kitchen includes granite countertops, stainless steel appliances, and substantial cabinetry, while the renovated full bath, in-unit laundry, and added storage provide practical updates.
Situated at 2001 16th Street NW in Washington, DC, the property is near Meridian Hill Park, the U Street Metro Station, and the U Street and 14th Street corridors. Restaurants, cafés, shopping, entertainment, nightlife, and public transportation are all part of the surrounding urban setting.
Situated at 2001 16th Street NW in Washington, DC, the property is near Meridian Hill Park, the U Street Metro Station, and the U Street and 14th Street corridors. Restaurants, cafés, shopping, entertainment, nightlife, and public transportation are all part of the surrounding urban setting.
Key Highlights
- One‑bedroom residence at The Brittany
- Beaux‑Arts building completed in 1915
- Oversized windows, custom flooring, and exposed brick accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,995
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,900
$219.9K
Cap Rate 7%
$157,071
$157.1K
Cap Rate 9%
$122,167
$122.2K
Market Conditions
NOI Build-Up for 565 SF
Gross rent
$21.2K $37.56/SF
− Vacancy
−$1.2K −$2.18/SF
EGI
$20.0K $35.38/SF
− OpEx
−$9.0K −$15.92/SF
NOI
$11.0K $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%
$219,900
Cap Rate 7%
$157,071
Cap Rate 9%
$122,167
Alternative Uses
Best Use
Apartment 5plus
$157.1K
$137.4K – $183.3K
NOI $10,995 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$290.6K
$254.3K – $339.1K
NOI $20,343 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,768
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 - Light-filled residence with renovated bath, in-unit laundry, and a granite-and-stainless galley kitchen.
Where is this residential income property located?
The property is located at 2001 16TH STREET NW Unit 307 Washington, DC.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: One‑bedroom residence at The Brittany; Beaux‑Arts building completed in 1915; Oversized windows, custom flooring, and exposed brick accents
