Gorgeous 4-Unit Investment Property in Dupont Circle

JUST LISTED: Prime location 4-unit rental in excellent condition and just 2 blocks from Dupont Circle in Northwest Washington DC. Highly desirable and easy to rent, this investment property is ready to add to your portfolio. Its condition and location make it an ideal investment capable of commanding above market rents. Configured into four 1BR/1.5BAs, the building features 2,885 sf of RA-2/DC zoning. At present, 3 units are operated under a corporate housing model that can be continued or transitioned into yearly leases after the sale. Unit 1 is under a yearly lease. Units 2 and 4 are currently vacant for showings. Depending on when settlement takes place, units occupied under the current short term model will be allowed to sunset with the new landlord deciding thereafter how and at what rate to rent. Originally built in 1914, it was fully renovated in 2014. The units are outfitted with solid cherry hardwood floors, tall ceilings with recessed lights, and travertine marble baths with tubs. Each unit has an extra half bath off of the living areas. The kitchens have plenty of counter and storage space and nearby pantries. Each unit has its own front loading washer/dryer. Heating and AC are electric heat pumps. The units are separately metered. Electrical and building systems were upgraded in the recent total renovation. The front entry is grand with wood and glass french doors topped with a glass transom. Unit 1 has its own front and rear entrance and includes a private rear bluestone patio outdoor space. Unit 2 has tall ceilings, its own fireplace and a bay window. Unit 3 has the same layout with a full width living room. Unit 4 is a top floor penthouse with great light, a large bedroom. *** Close to Dupont Circle, red line metro, bus lines, grocery stores, bars, restaurants, yoga and fitness studios, downtown DC and more. Georgetown and Foggy Bottom are all walkable. 95 Walk Score ***