**Investment Opportunity: 1771 & 1769 T Street NW, Washington, D.C.**
Now available together, **1771 and 1769 T Street NW** offer a rare and lucrative investment opportunity in one of Washington, D.C.'s most desirable neighborhoods. These two classic brick buildings boast a combined **5,434 sq ft** of versatile living space, providing a mix of income-generating units with significant potential for creative reconfiguration.
The properties include a **spacious 3-bedroom penthouse unit** that adjoins both buildings, allowing for a variety of possibilities, whether for high-end rental income or future redevelopment. The diverse layouts across the buildings include:
- **2 Studio units**
- **1 One-bedroom unit**
- **1 One-bedroom + den**
- **2 Two-bedroom floor plans**
- **1 Three-bedroom penthouse unit**
Currently, only 2 vacancies . The properties are further enhanced by **4 parking spaces**, generating **$300 per month** each—adding to the overall monthly rental income of **$22,500**, and a total of **$276,000 annually**, including parking revenue.
At the current listing price of just under **$6 million**, the cap rate is just under 5%, a solid return for an urban market with excellent appreciation potential. Washington, D.C. continues to lead the nation with **58.9% renter-occupied homes**, ensuring a strong demand for rental properties in this vibrant area.
**Investment Highlights:**
- **5,434 sq ft of living space**
- **Fully occupied units**
- **4 parking spaces generating $1,200/month**
- **$22,500 monthly rental income + parking = $276,000 annually**
- **Cap rate just under 5%**
- **Impressive appreciation
This is an excellent opportunity for investors looking to capitalize on a prime urban location with proven rental income and strong growth potential. Don’t miss out on this exceptional offering!