704 I STREET, Washington, DC 20003

$799,900 Asking Price

2 beds
2 baths
1,365  sqft
Built in 1912

Legal 2-unit INVESTMENT OPPORTUNITY for both homeowners and investors alike. If you're looking for a steady rental stream or aiming to capitalize on the booming short-term rental market, this property is the perfect match. Located just around the corner from Barracks Row Main Street, this Victorian-style row house offers a seamless blend of Capitol Hill charm and Navy Yard convenience. The two-level upper unit features a comfortable 2 bed/1 bath floor plan with ample living space, while the separate English basement studio provides flexibility as an income-generating rental or as a private living pad for guests/extended family. Currently owner-occupied, but upper unit previously rented for $2,900/mo. & the lower unit for $1,750/mo. Live in either unit and rent out the other to subsidize your mortgage and maximize profits. The property's PRIME LOCATION offers easy access to a diverse array of dining options and unique local shops. Whether you're grabbing a quick bite, enjoying a leisurely dinner, or exploring nearby boutiques, everything is at your fingertips. Just 3 blocks to Eastern Market and Metro! Improvements since 2019 include new roof, windows, upper unit bathroom and HVAC. New shaker kitchen cabinets, quartz countertops and recessed lighting were also recently added in the upper level unit.

Features & Amenities

Interior

General:
Combination Kitchen/Living,Floor Plan - Open
Appliances:
Dishwasher,Disposal,Dryer,Exhaust Fan,Oven/Range - Electric,Range Hood,Refrigerator,Washer
Basement:
Front Entrance,English,Full,Fully Finished,Improved
A/C:
Central A/C
Heating:
Y, Forced Air,Heat Pump(s), Electric
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Victorian

Construction

General:
Brick, 3, Other

Location

HOA Amenities:
None
Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
SEE ZONING MAP, 0904//0865
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Redfin Corp, Jason D Holt

About Washington, DC

Housing

Number of Units
355,879
Median Home Value
$676,049
Median Rent
$1,533

59.41% of housing units are renter occupied.

10.61% are vacant.

Commute

Car
26.04%
Public Transportation
22.45%
Walk to Work
9.05%
Work from Home
38.64%
Other
0.89%

The median travel time to work is 21 minutes.

People

Population
676,761
Median Age
35.60
Median Household Size
2.29

Education

High School
15.71%
Associate’s Degree
2.77%
Bachelor’s Degree
26.24%
Graduate Degree
36.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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