616 R Street NW

Washington, District Of Columbia 20001

$1,800,000


Price

6


Beds

3


Baths

2,601 Sq. Ft.


$692 / Sq. Ft.

A golden opportunity to have a great property in Washington DC. Welcome to stop by my listing property: 616 R St NW, Washington, DC 20001!nnThis property includes two totally separate units!!! I.e. The upper level and lower level has totally separate entrances, separate water meter and electric meter! The upper level actually has two separate units as well! The whole building has totally THREE Kitchens, THREE Laundry rooms, THREE Living rooms, SIX bedrooms and THREE Full baths! It is a great primary home and also a great investment property! You can occupy one and rent the other two; you can also occupy two and rent the other one……The option is totally up to you!nnActually this is one of the best place to operate an AIRBNB BUSINESS! The current owner is use this building to operating a very successful airbnb business. It has been already helped the owner created 100K in the first 6 months of this year! But keep in mind, the summer is the hottest season to travel, so does Christmas! So imagine how much you will earn during the whole year? WOW!!! A great number right? The sellers will also consider to sell their business with this property together (such as GREAT REVIEW score of this property on the AIRBNB website) and the price of the business is also negotiable. The sellers are managing tens of airbnb properties, so buyers can also ask the sellers’ company to manage this airbnb for you. So this will be a great and very impressive passive income, isn’t it? nnThe traffic is very convenient, i.e. numerous local stores and restaurants around it, and 4 MINS walking to the METRO station. Don’t wait! Stop by and make an offer!!!

Property Details for 616 R Street NW
Property Type:Residential
Ownership:Fee Simple
Price:$1,800,000
Bedrooms:6
Full Bathrooms:3
Half Bathrooms:-
Square Feet:2,601 sf
Year Built:1900
Subdivision:Old City #2
County:Washington
Neighborhood

Logan Circle / Shaw / U Street

County District of Columbia
Population 32,306
Median Age 40 (/yrs)
Average Income $162,928
Average Price $882,815
Owner Occupied 6,388
Tenant Occupied 11,037
Vacant Properties 1,446
Home Turnover 0%
Neighborhood content provided by Attom Data Solutions, © 2022 - Information deemed reliable, not guaranteed.
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Building Informtion for 616 R Street NW
Building/Complex
Building Type:Fee Simple
Floor:-
Stories:-
Residences:-
Year Built:1900
Property Information for 616 R Street NW

General Property Information

Details
  • Total Finished SQFT: 2,601
  • Above Grade Fin. SQFT: 1,734
  • Style: Victorian
  • Structure Type: Interior Row/townhouse
Interior Features
  • Fireplace Count: 3
  • Central Air: Y
  • Cooling Type: Central a/c
  • Heating: Y
  • Heating Type: Forced air
  • Interior Features: Other
Parking Features
  • Garage Parking: N
  • Parking Type: On Street,off Street
Pool & Spa Features
  • Private Pool: No
Location Features
  • Directions: GPS
  • Waterfront: N
  • Water Access: N
  • Water Oriented: N
  • Tidal Water: Y
Building Features
  • Accessibility Features: Level Entry - Main
  • Construction Materials: Brick
  • New Construction: N
  • Other Structures: Above Grade, Below Grade
  • Story List: Main
  • Year Built: 1900
Association Features
  • HOA: N
  • Condo/Coop Assoc. N
Property Features
  • Property Type: Residential
  • Zoning: R
  • Lot Size: 0.03 Acre
  • Navigable Water: N
  • Senior Community: N
Utilities Features
  • Cooling Fuel: Electric
  • Heating Fuel: Natural gas
  • Sewer Septic: Public Sewer
  • Water Source: Public

Room Information

Basement
  • Basement: Y
  • Basement Type: Outside Entrance, Fully Finished, Side Entrance, Walkout Stairs, Rear Entrance, Full, Walkout Level, Windows, Daylight, Front Entrance, Drainage System
Bedrooms
  • Bedrooms: 6
  • Bedrooms - Main Level: 6
Bathrooms
  • Full Bathrooms: 3
Full Bathrooms
  • Full Bathrooms - Main Level: 3

Tax & Sale Information

Tax Information
  • Tax Annual Amount: $8,528
  • Tax Year: 2021
  • Tax Assessed Value: $1,022,810
Sale Information
  • Sale Type: Standard
  • Possession: Settlement
  • Ownership Type: Fee Simple
  • Vacation Rental: N
Listing courtesy of Keller Williams Capital Properties
© 2022 Bright MLS. All rights reserved. Information is deemed reliable but not guaranteed. Last Updated: 06/21/2022 at 7:56 am
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