Exceptional opportunity to own a beautifully renovated 2-unit property in one of Northeast DC's rapidly evolving neighborhoods. Featuring two spacious 2-bedroom, 2-bath residences, this turnkey property is ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. Live in one unit and rent the other, or lease both units to maximize investment potential. With both units currently vacant, the next owner has the flexibility to establish market rents or move in immediately. Each thoughtfully renovated unit offers a modern kitchen, stylish bathrooms, spacious living areas, abundant natural light, and the convenience of in-unit laundry. Separate newer HVAC systems provide independent comfort and efficiency for each residence, while the roof was replaced approximately seven years ago for added peace of mind. Separate gas and electric meters simplify property management and enhance investment appeal. The unfinished basement provides valuable storage and additional flexibility. A rear overhead door opens to a rare two-car off-street parking pad, an increasingly valuable amenity in the city. Ideally located just minutes from Union Market, Ivy City, the H Street Corridor, NoMa, Gallaudet University, Capitol Hill, and downtown Washington, DC, you'll enjoy convenient access to Metro, major commuter routes, restaurants, shopping, and entertainment. Whether you're expanding your investment portfolio or searching for a move-in-ready owner-occupied investment opportunity, this well-maintained duplex offers exceptional versatility in a neighborhood experiencing continued growth and redevelopment. Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.
Based on the average sale price from the Martinsburg, WV office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1247 Mount Olivet Road Ne Washington, DC is a Single Family Home for sale at $800000 with 3341 sqft and a lot size of 0.07 Acres Acre(s). 1247 Mount Olivet Road Ne Washington has 4 bedrooms, 4 baths and was built in 1943. The property's zip code is 20002 which is in Washington, DC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.