601 L St Ne, Washington, DC 20002

Property Description

Victorian 4 BR/2.5BA end-unit row house with two separate electric and natural gas meters used by its current owners as a single-family home. The basic configuration is a unit on the first floor and a second unit on the second and third floors. The main entryway has a custom-made geometric Roman-style mosaic in the floor. The house retains two kitchens – one on the first floor and second floor. The first floor has hardwood floors throughout the space while the second and third floors are a mix of carpet and hardwood floors. The four bedrooms are spread across the first and third floors with the master bedroom and its huge closet on the third floor. Full bathrooms and laundry hook-ups are available on the first and third floors. Additional highlights include a spacious yard and significant potential for off-street parking. The custom wrought iron fence with roses will spur your imagination. Easy walk to many great neighborhoods. Five minutes from Union Market and its myriad restaurants. Grocery shopping is equally convenient, with Whole Foods, Trader Joe’s, and Aldi just blocks away. Newly renovated J.O. Wilson elementary school opens later this summer with a spacious playground and greenspace. Long-running block party happens every May/June with activities for kids and adults alike. This exceptional investment opportunity is situated in a highly sought-after location, ideal for an investor seeking immediate income or an owner-occupant looking to offset their mortgage with rental revenue. The first level could be fully converted to a stand-alone one bedroom, one bath apartment with strong income potential, estimated to generate over $2,500 per month. Alternatively, this level could be renovated to expand the primary living space. The owners invite all reasonable offers.