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Description
Prime corner location 6-unit rental in excellent condition and just 1.5 blocks from Logan Circle in Washington DC. Highly desirable and easy to rent, this investment property is ready to add to your portfolio. Its condition and location make it an ideal investment capable of commanding above market rents. Currently configured into five 1BRs and a massive 2BR, the building features 6,060 sf of MU-4 (mixed use) zoning. Currently, 5 units are operated under a corporate housing model that can be continued or transitioned into yearly leases after the sale. One unit is under current lease that runs through April 2024. It has a two-car garage and driveway parking for two additional cars. Fully renovated in 2008, the units are outfitted with solid cherry hardwood floors, tall ceilings with recessed lights, and travertine marble baths with tubs and glass showers. the kitchens vary in size, but most include white quartz counters, stainless steel appliances, dishwashers and breakfast bars. Each unit has its own front loading washer/dryer. Heating and AC are electric heat pumps and the cooking fuel is gas. There are seven electrical meters including one for each unit and one house meter. Each unit has a 200 amp service and has been fully upgraded. Originally built in 1900, the building is historic and includes a L'Enfant façade easement. The front entry is grand with wood and glass french doors topped with a decorative leaded transom. The front and side yards are low maintenance stone and there are crepe myrtle trees all around. Unit B is a huge and bright 1BR/1.5BA in the basement with windows all around and its own separate entrance.. Unit 1F is a 1,400+ sf 2BR/2.5BA with tall ceilings, its own fireplace, a gourmet kitchen with a sub zero fridge and massive bedrooms, its own rear balcony. Unit 2F is a 1BR/1BA in the front with a large bay window and ample southern light and a stylish kitchen. Unit 2R is a 1BR/1BA with multiple exposures, a large bedroom, a quartz countered wrap-around kitchen and large entryway with multiple closets. Unit 3F is a 1BR/1BA on the top floor set into the mansard roof with a separate kitchen, big bedroom, a curved wall and a marble bath with glass shower. Unit 3R is a top floor 1BR w/sleek kitchen, large bedroom, great views and plenty of storage. *** Close to metro, bus lines, Whole Foods, bars, restaurants, yoga and fitness studios, downtown DC and more. 14th St, NW is a 5 minute walk. ***
Home Highlights
Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$479
Listed
58 days ago
Home Details for 1101 P St NW
Interior Features |
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 7 |
Dimensions and Layout Living Area: 5414 Square Feet |
Appliances & Utilities Appliances: Gas Water Heater, Instant Hot Water, Electric Water Heater |
Heating & Cooling Heating: Heat Pump - Electric BackUp,ElectricHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Heat Pump Electric Back Up |
Fireplace & Spa Number of Fireplaces: 2Has a Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 4Accessibility: OtherFloors: Hardwood |
Exterior Features |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2Other Parking: Garage Sqft: 374No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Basement Garage,Parking Garage,Driveway |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 58 |
Property Information |
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Year Built Year Built: 1900Year Renovated: 2008 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: End of Row/TownhouseArchitecture: Victorian |
Building Construction Materials: BrickNot a New Construction |
Property Information Condition: ExcellentParcel Number: 0311//0003 |
Price & Status |
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Price List Price: $2,595,000Price Per Sqft: $479 |
Status Change & Dates Possession Timing: 31-60 Days CD |
Active Status |
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MLS Status: ACTIVE UNDER CONTRACT |
Media |
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Location |
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Direction & Address City: WashingtonCommunity: Logan Circle |
School Information Elementary School District: District Of Columbia Public SchoolsJr High / Middle School District: District Of Columbia Public SchoolsHigh School District: District Of Columbia Public Schools |
Agent Information |
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Listing Agent Listing ID: DCDC2130116 |
Community |
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Number Of Vacant Units: 5 |
Lot Information |
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Lot Area: 1583 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To Sell |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $ |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Rental |
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Are Units Furnished: Varies By UnitHas Rent Control |
Miscellaneous |
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Mls Number: DCDC2130116Zillow Contingency Status: Under Contract |
Last check for updates: 1 day ago
Listing courtesy of Philip Diruggiero, (202) 725-2250
Engel & Volkers Washington, DC
Co-Listing Agent: Nicolas Ross Makris, (703) 727-9382
Engel & Volkers Washington, DC
Source: Bright MLS, MLS#DCDC2130116
Price History for 1101 P St NW
| Date | Price | Event | Source |
|---|---|---|---|
| 04/02/2024 | $2,595,000 | Contingent | Bright MLS #DCDC2130116 |
| 02/29/2024 | $2,595,000 | Listed For Sale | Bright MLS #DCDC2130116 |
| 12/22/2000 | $206,400 | Sold | N/A |
| 05/08/2000 | $237,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $12,508 |
| Assessment | $1,499,220 |
Home facts updated by county records
Comparable Sales for 1101 P St NW
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $2,150,000 | 12/05/23 | 8 | - | 5,072 | |
0.32 | Multi-Family Home | $1,725,000 | 12/31/23 | 5 | - | 5,500 | |
0.70 | Multi-Family Home | $1,425,000 | 05/04/23 | 4 | 5 | 3,717 | |
0.50 | Multi-Family Home | $1,075,000 | 08/18/23 | 4 | 4 | 1,784 | |
0.90 | Multi-Family Home | $2,100,000 | 01/26/24 | 8 | - | 4,810 | |
0.78 | Multi-Family Home | $1,775,000 | 05/17/23 | 4 | - | 3,512 | |
0.89 | Multi-Family Home | $2,248,350 | 04/12/24 | 4 | - | 3,459 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Logan Circle
- Trulia User
- Resident
- 11mo ago
"Ten minutes on foot. Easy commute to work easy commute, back home lots of interesting people to see, lots of interesting things to do."
- Trulia User
- Resident
- 1y ago
"I've owned my condo for almost 5 years and I can't say how happy I've been living here. I feel safe walking at all times of the day and late night walking to the numerous restaurants and bars too many to list. "
- Trulia User
- Visitor
- 2y ago
"im just here visiting. However, it looks like a great place to live everything is easily accessible. "
- Trulia User
- Resident
- 2y ago
"Open spaces for dogs to run..park nearby…neighbors are friendly and the community is very upscale..you can walk down the Hudson River from Weehawken to edgewater. "
- Trulia User
- Resident
- 2y ago
"Crime increasing quickly in last two years. Restaurants and bars and shops are great. Crowd is feeling more and more like a frat house. "
- Trulia User
- Resident
- 3y ago
"Dog owners would love the green spaces, circle parks, lots of sidewalks. Please pick up after your dog every time. "
- Jared
- Resident
- 3y ago
"Great neighborhood for dogs. Plenty of parks and grassy spots. High level of dog ownership. Everyone generally pick up after there pooches. "
- Chris W.
- Resident
- 3y ago
"It’s a heaven for dog owners. So many green spaces for dogs to free themselves. A dog park is nearby as well."
- Carlos T. D.
- Resident
- 3y ago
"Safety neighborhood, with a great variety of restaurants, bars, supermarkets, close to Downtown, metro,..."
- Brad S.
- Resident
- 3y ago
"Lots of dogs and friendly neighbors/businesses make it a great place to have a dog. There are also dog parks on the outskirts of the neighborhood in DuPont and Shaw "
- Chris C.
- Resident
- 4y ago
"Well traveled areas with people generally walking 24/7. Light and sporadic, more community focused and oriented police presence in the later evenings. I feel safe walking home late at night. "
- Franklyn J. S.
- Resident
- 4y ago
"Feels close to just about everything. It feels like I’m in the middle of everything while being away from the craziness. Great balance. "
- Eric M.
- Resident
- 4y ago
"It is optimally located with access to downtown, 14th street, U street, H street, Georgetown, Foggy Bottom, Upper Northwest, Arlington and Bethesda."
- C.bradley.simpson
- Resident
- 4y ago
"Great urban neighborhood with restaurants, bars, entertainment venues all within walking distance. Historic architecture and within walking distance to DC museums."
- Shaynegill9
- Resident
- 4y ago
"It’s a fun, vibrant community with a good mix of restaurants and bars as well as clothing and furniture stores."
- Tammy.britt
- Resident
- 4y ago
"People are constantly walking dogs and playing soccer in the field by the school. Lots of good activity in the neighborhood!"
- Tammy.britt
- Resident
- 4y ago
"People walk their dogs, ride their bikes and take pride in their neighborhood. Well maintained streets and grounds."
- Ssamadvt
- Resident
- 5y ago
"Lots of dogs around all the time, and most are very friendly. Multiple dog parks in walking distance."
- Jon S.
- Resident
- 5y ago
"Lots of green space and parks in the area, including several school playgrounds. People are always walking dogs so that’s a bonus for kids who like them. "
- Grantham Myers
- Prev. Resident
- 5y ago
"fantastically walkable, dozens of great restaurants within blocks, metro a block away, and you're right in the heart of the city!"
- Ivanwray
- Resident
- 5y ago
"Awesome gym and grocery store within minutes. Can walk to blue, orange, green, red, yellow lines within minutes."
- Mdrebroker
- Resident
- 5y ago
"Mid-town 14th st is an easy walk to /2 subway stations with different lines, DuPont and McPherson, that way you usually don’t need to transfer."
- Tom D.
- Resident
- 5y ago
"Farmers markets, street festivals, National fireworks, annual pride parade, sidewalk sales, restaurant sponsored fund raisers "
- Lourdes G.
- Resident
- 5y ago
"Commutes are super easy. You can walk anywhere Downtown, take the Circulator, the Green Line, or any of the bus lines along K Street."
- Lourdes G.
- Resident
- 5y ago
"I like the new restaurants mixed with neighborhood classics. There's something for every vibe, from chilled to grunge, hipster to high-end."
- Lourdes G.
- Resident
- 5y ago
"The streets aren't the cleanest in some areas of Shaw."
- Jonathan O.
- Prev. Resident
- 5y ago
"It is close to local restaurants, shopping, etc. Friendly neighborhood. Close to library. etc, etc, etc,"
- Lauragail s.
- Resident
- 5y ago
"Lots of Activity in this neighborhood- plenty to do, places to checkout, convenience to downtown and monuments, entertainment and restaurants. I would recommend "
- Dana D.
- Resident
- 5y ago
"Most commuters to Downtown can walk, ride a bike, or bus. It's easy to get to, and the Metro can take you further out."
- Dana D.
- Resident
- 5y ago
"There's a unique blend of old and new here. We have a vibrant community from all walks of life. There are beautiful parks to relax in. We also have great local coffee shops to fuel your day, charming shops from vintage finds to art galleries, and a wide range of restaurants from authentic Salvadoran to high concept fusion."
- Dana D.
- Resident
- 5y ago
"The schools are a work in progress. Garrison Elementary is building a large new space that may become a hub for the community."
- Jaelyn R.
- Resident
- 5y ago
"It's a very nice commute to and from Shaw."
- Jaelyn R.
- Resident
- 5y ago
"The art is so unique. And I like the neighborhood cookout we have every year."
- Jaelyn R.
- Resident
- 5y ago
"It's a good place for kids. There's a library literally two minutes away that's a great place for you and your child to have a good time."
- Paula B.
- Resident
- 5y ago
"I spend a lot of time walking around the neighborhood."
- Paula B.
- Resident
- 5y ago
"We have an amazing community with vibrant places to eat and enjoy art work."
- Paula B.
- Resident
- 5y ago
"The community is safe."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Philip Diruggiero, Engel & Volkers Washington, DC
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1101 P St NW, Washington, DC 20005 is a 7 bedroom, 5,414 sqft multi-family built in 1900. 1101 P St NW is located in Logan Circle, Washington. This property is currently available for sale and was listed by Bright MLS on Feb 28, 2024. The MLS # for this home is MLS# DCDC2130116.