1118 F St Washington, DC 20002

Property Details for 1118 F St

Property size

3,408 SF

Property type

Commercial real estate

Description

This stunning, recently renovated four-story semi-detached townhouse in Washington, DC's vibrant H Street Corridor presents a unique investment opportunity. The property, located at 1118 F St NE, boasts 3,408 square feet and comprises three units: a spacious four-bedroom, three-bathroom duplex unit exceeding 2,200 square feet, and two additional two-bedroom, two-bathroom rental units. Each unit features modern amenities including updated kitchens and bathrooms, in-unit laundry, and fireplaces. The main unit showcases high ceilings, exposed brick, and a chef's kitchen. The building also includes two parking spaces, a rare find in this desirable location. Previously rented as a single unit for $28,000 per month, the property offers significant rental income potential, exceeding $12,000 monthly with individual long-term leases, or potentially more through short-term rentals. Its prime location places it within easy walking distance of H Street, Union Station, Union Market, Stanton Park, Lincoln Park, and Eastern Market, providing convenient access to public transportation, cultural attractions, and a thriving urban lifestyle. This property is ideal for both investors seeking a strong return and those desiring a luxurious residence with additional income streams. The asking price is $1,900,000, representing a price per square foot of $557.51 and a price per unit of $633,333.33. This represents a compelling 1031 exchange opportunity.

Location Insight

City

Washington

County

District Of Columbia

State

District of Columbia

Longitude

-76.9908152

Latitude

38.8975683