This 2-unit Airbnb property in Washington, DC's thriving H Street Corridor delivers reliable incomea0;todaya0;while offering a rare path to large-scale mixed-use development under itsa0;MU-7B zoning. Own a turnkey asset with proven performance, then reimagine it as a high-density residential or commercial project when the time is right. There is a… Read More potential for assemblagea0;with the two houses to the left, that are listed separately for a 22-unit project with a proposed pro-forma on request. Key Highlights include Active Airbnb Revenue of $4,200 monthly along with MU-7B zoning flexibility where you could build up to 65 feet with the 4.8 FAR (4.8x lot size buildable area). A Strategic Footprint of 80% lot occupancy + 12' rear setback allows efficient future site planning to include Penthouse Potential with 18'6'' mechanical space clearance for rooftop amenities. Increase your viability with ''future-proof'' development rights, which include mixed-use and a height cap of 65 feet giving you 5 to 6 stories making this an ideal condo or apartment project. This opportunity gives you complete control of your own small building, allowing you full short-term rental possibilities in a city that thrives on tourism. Being less than a minute away from the streetcar and not far from Metro, this allows you steady rental income due to easy access to transit. Act now as this hybrid opportunity won't last. Serve tourists today and capitalize on DC's urban expansion tomorrow. Read Less
Courtesy of District Real Estate, LLC., Fritz Hubig, [email protected].
Listing Snapshot
Days Online
18
Last Updated
Property Type
Townhouse
Beds
2
Full Baths
2
Square Ft.
1,152
Lot Size
0.03 Acres
Year Built
1941
MLS Number
DCDC2198216
30 Days Snapshot Of 20002
$772k
-11%
(avg) sold price
50
-23%
homes sold
54
+50%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
English
Building
1,152 sqft living area, 1,152 sqft above grade (finished), Built in 1941, Structure Type: End of Row/Townhouse, 2 levels, Traditional, Brick
Cooling
Electric, None
Foundation
Concrete Perimeter
Heating
Hot Water
Lot
1,152 sqft, 0.03 acres
Property
Other Structures: Above Grade, Below Grade, Soil Types: Chillum-Urban Land Complex
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