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1711 Riggs Place NW

WASHINGTON, DC 20009
  • $3,250,000
  • STATUS: Active
  • ON SITE: 68 Days
  • ID#: DCDC2161326
UPDATED: 16 min ago
$3,250,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,620
    SQFT
  • $898
    $/SQFT
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

Description

Welcome to this rare multi-family row-home, situated on one of the most picturesque blocks in Dupont Circle. This charming 4-level Victorian boasts 3 beautifully renovated apartments, combining classic architecture with modern comforts. With 3,692 sq ft of living space, each unit is thoughtfully designed, spacious, and collectively generates $150,000 in annual income. The recently renovated English basement unit features a stylish blend of exposed brick and contemporary finishes. This 1-bedroom apartment offers a washer/dryer, a large walk-in closet, a newly updated kitchen, a Waterworks bathroom, and ample natural light. Currently rented for $2,500/month.Unit 2, located on the main level, greets you with a stunning picture window overlooking Riggs Place, a cozy fireplace, eat-in kitchen, dining area, 2 bedrooms, full bath, and a powder room. This unit is currently rented at $4,600/month.Unit 3, the owner's penthouse, is flooded with natural light through bayfront windows that overlook the tree-lined street. The living room features a fireplace, while the updated kitchen leads upstairs to 2 bedrooms, a home office/zoom room, and a rooftop deck perfect for cool fall evenings. The primary bedroom boasts a cozy loft, and the luxurious bathroom is a true retreat with floor-to-ceiling marble, Waterworks fixtures, dual shower heads, and a steam room. This unit is rented at $5,400/month.The property also includes two off-street parking spaces"a rare find in this prime location. Just a few blocks from Dupont Circle, Adams Morgan, 14th Street, the Metro, and the weekend Farmer's Market, you'll have easy access to a wide selection of restaurants and grocery stores. Plus, it's just one block from the popular S Street Dog Park.This property is an ideal opportunity for both an end-user, and investors. The possibilities are endless: rent out all units, use Airbnb, or live in the penthouse while generating income from the other apartments. Don't miss out on this exceptional investment in the heart of Dupont!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T07:51:01.95.
www.rossrem.com/homes/155863594
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1711 Riggs Place NW WASHINGTON, DC 20009

  • Price: $3,250,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 16 min ago
  • ID#: DCDC2161326
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,620
SQFT
$898
$/SQFT
1895
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Welcome to this rare multi-family row-home, situated on one of the most picturesque blocks in Dupont Circle. This charming 4-level Victorian boasts 3 beautifully renovated apartments, combining classic architecture with modern comforts. With 3,692 sq ft of living space, each unit is thoughtfully designed, spacious, and collectively generates $150,000 in annual income. The recently renovated English basement unit features a stylish blend of exposed brick and contemporary finishes. This 1-bedroom apartment offers a washer/dryer, a large walk-in closet, a newly updated kitchen, a Waterworks bathroom, and ample natural light. Currently rented for $2,500/month.Unit 2, located on the main level, greets you with a stunning picture window overlooking Riggs Place, a cozy fireplace, eat-in kitchen, dining area, 2 bedrooms, full bath, and a powder room. This unit is currently rented at $4,600/month.Unit 3, the owner's penthouse, is flooded with natural light through bayfront windows that overlook the tree-lined street. The living room features a fireplace, while the updated kitchen leads upstairs to 2 bedrooms, a home office/zoom room, and a rooftop deck perfect for cool fall evenings. The primary bedroom boasts a cozy loft, and the luxurious bathroom is a true retreat with floor-to-ceiling marble, Waterworks fixtures, dual shower heads, and a steam room. This unit is rented at $5,400/month.The property also includes two off-street parking spaces"a rare find in this prime location. Just a few blocks from Dupont Circle, Adams Morgan, 14th Street, the Metro, and the weekend Farmer's Market, you'll have easy access to a wide selection of restaurants and grocery stores. Plus, it's just one block from the popular S Street Dog Park.This property is an ideal opportunity for both an end-user, and investors. The possibilities are endless: rent out all units, use Airbnb, or live in the penthouse while generating income from the other apartments. Don't miss out on this exceptional investment in the heart of Dupont!
Exterior Features

Architectural Style Victorian Construction Materials Brick Exterior Features Roof Deck Garage YN No Parking Types Off Street Pool No Pool Property Condition Very Good Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2652 Below Grade Finished Area 968 Below Grade Unfinished Area 0 Cooling None Fireplace YN Yes Fireplaces Total 2 Heating Hot Water Heating YN Yes Rooms Total 6 Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Elevators 0 Foundation Details Permanent Gross Income 150000.00 Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 134257.00 New Construction YN No Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense Includes InsuranceTrash Original MLSNumber 803383816564 Owner Pays InsuranceRepairsTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 15743.00 Tax Lot 110 Total Actual Rent 150000.00 Transportation Bus Stop less than 1 mileMetro/Subway Station less than 1 mile Vacation Rental YN No Water Source Public Zoning RA-2/DC

Listing courtesy of Compass: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T07:51:01.95.
 
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