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Residential Income Condo with Parking
For Sale
$395,000

355 I STREET SW Unit 116, Washington, DC 20024

Open-plan condominium with granite kitchen, in-unit laundry, and building concierge service.

Property Size661 SF
Days on Market208

Property Features for 355 I STREET SW Unit 116

General Information

Standard status Active
Size 661 SF
Property subtype Unit/Flat/Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,302

Amenities

concierge service

Building Details

Building Size 661 SF
Year Built 2005
Listing Agency: NBI Realty, LLC
Listed By: Eunjung Lee · License #0225088666
Source: Kwcapitalproperties
Added: Feb 19 Changed: Sep 12 Last Checked: Sep 14 at 7:44AM

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 NBI Realty, LLC

Investment Insights

Based on property information with market context.

This well-maintained condominium offers an open arrangement connecting the living and dining areas, with large windows that bring substantial natural light into the home. The kitchen includes granite countertops and a breakfast bar, while an in-unit washer and dryer add everyday convenience. Secure garage parking is provided on level P2.

Major mechanical updates completed in January 2021 include a Navien NPE-A180 high-efficiency tankless water heater and a Carrier Comfort 14 SEER air-conditioning unit. The residence also has a First Company air handler with a hot water heat coil, a new wall panel grill, and a whole-house Aquasana water filtration system.

Constructed in 2005, the building provides concierge service and sits near Metro access, shopping, dining, the waterfront, and major commuter routes. The condominium is suited to both owner-occupancy and investment use.

Key Highlights

  • Condominium with open living and dining arrangement and large windows
  • Granite kitchen with breakfast bar plus in‑unit washer and dryer
  • Secure garage parking on the P2 level

Property Analytics

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Current Use

Eazy Unlocking Solutions Computer & Electronic Repair

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,652
Businesses Nearby

Demographics for 20024, DC

15,952
Population
11,560
Households
1.4
Avg Household Size
37
Median Age
70%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
7,251
Density / Sq Mi
$102,623
Median Household Income
$94,419
Median Earnings
$2,121
Median Rent
$497,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - Open-plan condominium with granite kitchen, in-unit laundry, and building concierge service.
Where is this residential income property located?
The property is located at 355 I STREET SW Unit 116 Washington, DC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Condominium with open living and dining arrangement and large windows; Granite kitchen with breakfast bar plus in‑unit washer and dryer; Secure garage parking on the P2 level
More about this property
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