Key Facts
- MLS® #: DCDC2191020
- Property ID: SIRC2448131
- Original Price: USD 2,600,000
- Property Type: Residential, Other
- Year Built: 1909
- Bedrooms: 4
- Bathrooms: 3+1
- Listed By:
- Frank Snodgrass
Property Description
Exclusive Sale-Leaseback Opportunity – Luxury, Turnkey Investment
A rare opportunity to acquire a luxury property in DuPont Circle with a long-term, above-market leaseback ensuring strong, stable cash flow from day one. This fully renovated, expanded luxury residence includes a 3-bedroom, 2.5-bath main home plus a 1-bedroom, 1-bath legal rental unit, offering 2,700+ SF of living space and private parking for 2-3 cars.
The current owners, who completed an extensive high-end renovation (2017-2019) with top-tier DC design-build firm ThinkMakeBuild and renowned local architect John Hensley, seek a long-term leaseback of up to 10 years, offering an investor both above-market returns and nearly zero management responsibilities.
Key Investment Highlights
✅ Prime Dupont Circle Location – One of DC’s most desirable neighborhoods, known for its historic charm, walkability, and premium real estate values.
✅ Fully Renovated & Expanded – Gut-renovated to the highest standards with luxury finishes, modern updates, and premium craftsmanship.
✅ Built-in Long-Term Tenant – Sellers offer to lease back for up to 10 years, ensuring stable, turn-key income.
✅ Above-Market Rental Income – Owners will pay $14,000/month, well above market rent ($10,400/month estimated for both units separately).
✅ Nearly zero Landlord Responsibilities – Tenants will cover all maintenance costs and management, providing true passive income.
✅ Strong Investment Returns – Offers 6.5% gross yield in a highly stable market.
Amenities
- Central Air
Listing Agents
- Frank Snodgrass
C. 2022570978
O. 2022570978
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Location
1737 Church Street NW, Washington, District of Columbia, 20036 United States
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TTR Sotheby's International Realty
1515 14th Street NW
Washington, District of Columbia, 20005
United States
2022343344