Sold

1664 Park Road NW, Washington, DC 20010

Beds
4
Baths
2
Sqft
3,895

View property features, location on map, relevant school information and overview from seller's agent.

Listed byNhabit Real Estate
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Overview

Exceptional 3-unit semi-detached property in the heart of Mount Pleasant offering an ideal live-and-invest opportunity for savvy homebuyers. This well-positioned building allows you to establish your primary residence in your choice of residential unit while generating rental income from the remaining units to substantially reduce your monthly housing costs. The upper residential unit features 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with tremendous expansion potential to 3BR/2BA upon basement finishing, creating the opportunity to significantly increase rental income potential. Alternatively, buyers can choose to combine the residential units into one magnificent single-family home, maximizing the incredible square footage, generous width, and abundant natural light that comes with the semi-detached design. The commercial space is located on the coveted Mount Pleasant Commercial Corridor and comes with an existing tenant providing immediate cash flow. The unfinished basement presents an exceptional value-add opportunity, ready for customization to maximize the property's income-generating potential or expand the single-family living space. Perfect for homeowners who want to build equity while minimizing their housing expenses, this property offers the smart combination of homeownership and investment income in one transaction, or the flexibility to create a spacious single-family residence. The strategic rental income can dramatically offset mortgage payments, property taxes, and maintenance costs, making premium Mount Pleasant living more affordable. Equally attractive for pure investors seeking multiple revenue streams and strong cash flow potential. Situated in the highly sought-after Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, Metro proximity, and access to urban amenities while maintaining its residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing immediate income during any improvement period. Seller is selling property in as-is condition. Buyer due diligence encouraged.

Location

Full feature list

Basic info

Property type
Townhouse
Number of bedrooms
4
Number of bathrooms
2
Square feet
3,895
Lot size (acres)
0.05
Year built
1910

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Natural gas, Central
Cooling
Window unit(s), Electric
Sewer
Septic tank, Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$8,650

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DCDC2212114 Last checked:

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