1723 19th Street NW
Three units of luxury in Dupont Circle
1723 19th Street offers a small, medium and large unit for the ultimate in flexibility for any type of owner: the owner-occupants as one or two individuals, who can occupy the middle 2-bedroom and rent the others for maximum flexibility and income; the owner-occupants as a larger group that can occupy the 3-bedroom unit and rent the other two units for a lot of income as well, or perhaps the non-occupant owner who rents all three units as short-term rentals or individual long-term rentals, both subject to DC law regulation.
No matter your choice, you will have a prize property in the heart of Washington's favorite neighborhood, on one of its most beautiful streets as well. Just a few blocks in any direction yields Metro, dining, shopping and work, and the feeling of your favorite European cities surrounds you with the scent of flowers in flower boxes, the visuals of ornate carved stone and fine wood detailing, the shade of developed trees standing tall, and the energy of happy people living life to the fullest, all around.
UNIT 1 is a two-level unit on the main and lower floors, with 3 bedrooms, 2.5 baths, tall ceilings, a fireplace and new floors and lighting, with a bay window overlooking 19th Street. The kitchen opens to a large veranda that leads to a brick patio and the two-car parking with 220V electric charging station.
UNIT TWO is the most exciting unit, with a two-story living room and stained glass window, plus an open granite and maple kitchen, dining area and private porch. It too has access to the patio and parking, and also features a primary bedroom suite with original leaded bay windows facing west and another fireplace.
UNIT THREE is the cherry on top: a studio apartment or hotel suite that can be used on its own as a rental space or as a spill-over space for one of the other units-- rent it on AirBnB but block it off when the family comes to visit for an extra private suite! All units are recently renovated and feature thoughtful finishes and useful layouts for the maximum enjoyment of the space. FOR THE POTENTIAL DEVELOPER: The advantageous RA8 Zoning allows ultimate flexibility: each floor could potentially be divided to make up to 8 units if desired. Buyer to verify all applicable zoning, rental and short-term rental laws and regulations and license requirements.
Matterport 3-D Tour
Unit 1: 3BR/2.5BA, ~2200 sq ft, terrace, patio and parking access (two car parking total, with 220V charging station) | $300/night and ~97% occupancy
Unit 2: 2BR/2.5BA, ~1800 sq ft, terrace, access to parking and patio | $5,500/mo
Unit 3: Studio, $125/night with about 97% occupancy
Utilities average about $400/month
Annual estimated gross income: $206,250
Annual estimated expenses: $18,924
NET ANNUAL INCOME (ESTIMATED): $187,326