Property

Washington, DC 20009 1340 T Street NW

Presented By: Compass
  • MLS# DCDC2184998
  • 02/12/2025
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  • Beds • 4

Home Details

**Incredible Investment Opportunity in the Heart of DC ARTS 3 ZONING!** Presenting an exceptional investment opportunity at 1340 T St. NW in the highly coveted 14th St/Restaurant Row/U St. area of Washington, DC. This extra large end-of-row home offers the perfect blend of prime location, great potential, and endless possibilities for both owner-occupants and investors alike. This charming two-unit home is situated just steps from the vibrant 14th St. NW corridor, known for its eclectic mix of trendy restaurants, cafes, and boutique shops, making it one of DC's most sought-after location for renters and future buyers. With two spacious, two-level units, each offering 2 bedrooms and 1 bathroom, this property spans an impressive 1,432 sq. ft. per unit (total property sf is 2864 per tax record and floor plan) ideal for a variety of living arrangements. Live in one, rent the other, etc. **A Dream for Investors:** This property is a standout for developers, thanks to its Arts 3 DC zoning, which provides the potential for a wide range of redevelopment opportunities. Whether you're looking to capitalize on the growing demand for housing or expand the property into a multi-unit building, this zoning offers flexibility for both residential and mixed-use projects. Investors will appreciate the potential for significant returns in a neighborhood that is continuously appreciating in value. **Why Invest in 1340 T St. NW:** - **Location, Location, Location:** You can't get more hip and happening than 14th St./Restaurant Row, which is a dynamic and rapidly appreciating neighborhood. This area is home to some of DC's most popular dining and nightlife options, making it an in-demand spot for renters and future homeowners alike. - **Transit-Oriented:** Convenient access to multiple Metro stations and bus lines means easy commutes to downtown DC and beyond. This adds even more value for potential tenants or future buyers. - **Rental Demand:** The growing demand for rental properties in this neighborhood makes it an ideal spot for investors seeking steady cash flow. - **Rising Property Values:** As one of the most desirable areas in Washington, DC, this location has seen impressive growth in property values, w/ likely future appreciation for those who invest now. **Outdoor Space & Parking Potential:** The property also features a rear patio with ample space, offering the potential to create parking an added bonus in a city where parking can be a premium. **Sold As-Is:** This property is being sold as-is as part of an estate sale, offering the perfect opportunity for investors to capitalize on its current value or explore renovation and redevelopment options. Dont miss out on this incredible opportunity to own a piece of DC in one of the citys most sought-after locations. With its combination of a prime location, zoning flexibility, and great potential, 1340 T St. NW is a must-see for developers and/or owner occupants looking to make a smart move in todays competitive market.
Presented By: Compass

Interior Features for 1340 T Street NW

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1340 T Street NW

AccessibilityNone
Architectural StyleVictorian
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsGPS
DisclosuresExempt - Disclosure/Disclaimer
Garage Y/NNo
HeatingForced Air
Legal SubdivisionOld City 2
Lot Size Square Feet1269.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-06T12:32:34
New ConstructionNo
Number Of Units Total2
Number of Units Leased
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG789.11
Property ConditionGood
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusComing Soon
StatusCOMING SOON
Structure TypeEnd of Row/Townhouse
Tax Annual Amount10809.0
Tax Assessed Value1371270.0
Tax Lot91
Tax Year2024
Total SQFT2864
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningARTS-3

Exterior for 1340 T Street NW

Foundation DetailsOther
Land Assessed Value687520.00
Land Use Code
Lot Size Acres0.03
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $1,695,000
MLS#DCDC2184998
List Date 02/12/2025
Property Type Coming Soon
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