Property

Washington, DC 20009 1711 Riggs Place NW

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Presented By: Compass
  • MLS# DCDC2161326
  • 09/26/2024
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  • Beds • 5

Home Details

Welcome to this rare multi-family row-home, situated on one of the most picturesque blocks in Dupont Circle. This charming 4-level Victorian boasts 3 beautifully renovated apartments, combining classic architecture with modern comforts. With 3,692 sq ft of living space, each unit is thoughtfully designed, spacious, and collectively generates $150,000 in annual income. The recently renovated English basement unit features a stylish blend of exposed brick and contemporary finishes. This 1-bedroom apartment offers a washer/dryer, a large walk-in closet, a newly updated kitchen, a Waterworks bathroom, and ample natural light. Currently rented for $2,500/month. Unit 2, located on the main level, greets you with a stunning picture window overlooking Riggs Place, a cozy fireplace, eat-in kitchen, dining area, 2 bedrooms, full bath, and a powder room. This unit is currently rented at $4,600/month. Unit 3, the owner's penthouse, is flooded with natural light through bayfront windows that overlook the tree-lined street. The living room features a fireplace, while the updated kitchen leads upstairs to 2 bedrooms, a home office/zoom room, and a rooftop deck perfect for cool fall evenings. The primary bedroom boasts a cozy loft, and the luxurious bathroom is a true retreat with floor-to-ceiling marble, Waterworks fixtures, dual shower heads, and a steam room. This unit is rented at $5,400/month. The property also includes two off-street parking spacesa rare find in this prime location. Just a few blocks from Dupont Circle, Adams Morgan, 14th Street, the Metro, and the weekend Farmer's Market, you'll have easy access to a wide selection of restaurants and grocery stores. Plus, it's just one block from the popular S Street Dog Park. This property is an ideal opportunity for both an end-user, and investors. The possibilities are endless: rent out all units, use Airbnb, or live in the penthouse while generating income from the other apartments. Don't miss out on this exceptional investment in the heart of Dupont!
Presented By: Compass

Interior Features for 1711 Riggs Place NW

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NYes
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Fireplaces2
Total Stories4

General for 1711 Riggs Place NW

AccessibilityNone
Architectural StyleVictorian
Association Recreation FeeN
Cap Rate4.10
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyWASHINGTON
Days on Market7
DirectionsGoing north on 18th St turn right on Riggs.
Exterior FeaturesRoof Deck
Garage Y/NNo
Gross Income150000.00
HeatingHot Water
Home Warranty Y/NNo
Legal SubdivisionOld City 2
Lot Size Square Feet1767.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-26T18:23:45
Net Operating Income134257.00
New ConstructionNo
NumberOfUnitsTotal3
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnerPaysInsurance, Repairs, Taxes - Real Estate, Trash Collection
Percent OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG1225.49
Property ConditionVery Good
Property SubTypeTriplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount15743.0
Tax Assessed Value1936140.0
Tax Lot110
Tax Year2023
Total Actual Rent150000.00
Total Rooms6
Total SQFT3620
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1895
Year Built SourceAssessor
ZoningRA-2/DC

Exterior for 1711 Riggs Place NW

Foundation DetailsPermanent
Land Assessed Value777070.00
Land Use Code
Lot Size Acres0.04
Lot Size SourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces2
PoolNo Pool
Soil TypesUrban Land-Sassafras-Chillum
SpaNo
Total Parking Spaces2
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Derrick Sims

Associate
Price $3,250,000
MLS#DCDC2161326
List Date 09/26/2024
Property Type Multi-Family
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