2401 H St NW 509, Washington, DC 20037

Beds
2
Bath
1
Sqft
618
Pool
Yes

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

Listed byLPT Realty, LLC
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Overview

Turn-key, high-yield investor opportunity in the absolute heart of Downtown Washington, D.C. This premium two-bedroom, one-bathroom condominium offers immediate, guaranteed cash flow with a reliable tenant in place through July 2027 paying $3,400 per month. New owners will earn $40,800 in guaranteed gross rent during their very first year of ownership with the existing tenancy conveying seamlessly at settlement. This unit represents a lucrative, hands-off investment with massive built-in upside, as the current rent is heavily underpriced for the immediate area. The clear path to future equity is fully documented, as a listing agent has recently leased neighboring units 809, 715, 306, 805, 703, and 702 for $3,850 per month each, with full rent rolls readily available for investor verification.Inside, the condo features stylish, light-filled interior assets that appeal to high-quality renters. The kitchen was recently renovated and comes fully equipped with premium stainless-steel appliances and sleek, modern cabinetry. Timeless character runs throughout the main living spaces, highlighted by beautiful original parquet flooring. The bathroom is clean, crisp, and exceptionally light-filled. Both spacious bedrooms boast massive, wall-to-wall wide windows that flood the rooms with natural light and offer vibrant city street views.The building boasts an unbeatable, premium location that ensures an endless stream of institutional and professional tenants. It sits just half a block from the Foggy Bottom Metro Station, granting instant access to the Blue, Orange, and Silver lines. It is also uniquely positioned on the very same block as George Washington University's Amsterdam Hall, and just two blocks from the GW Science and Engineering Building and Whole Foods. Residents can enjoy an effortless walk to the U.S. State Department, the IMF, the World Bank, Trader Joe's, and the GW Law School. Best of all, this prime real estate is located only half a mile from the White House and the iconic National Mall, making it a rare and unbeatable addition to any real estate portfolio.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
1
Number of bedrooms
2
Number of bathrooms
1
Square feet
618
Year built
1960

Exterior features

Pool
Yes

Utilities

Heating
Electric
Sewer
Public Sewer
Water
Public Water, Public Water

Taxes

Tax Annual Amount (2027)
$2,256.16

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®#: DCDC2267856 Last checked:

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