2800 Wisconsin Ave NW #405,WASHINGTON, DC 20007
WASHINGTON, DC 20007
Description
Exceptional investment opportunity in the sought-after Observatory Circle neighborhood! Priced at just $179,000-below the current tax assessment-this bright studio condominium is being sold subject to an existing lease through August 2027, providing immediate rental income, with additional upside from the separately deeded parking space. Rare for an efficiency, this unit includes both a private balcony and an assigned parking space, features that enhance tenant appeal and long-term value. Ideally located on Wisconsin Avenue just steps from the National Cathedral and minutes to Georgetown, American University, Glover Park, Cathedral Commons, and downtown Bethesda, the building offers a secure lobby, concierge, elevator, on-site laundry facilities, and extra storage space. Inside, the efficient floor plan features a kitchen, an enclosed bath and water closet with a separate sink area, a generous closet, and an open living and sleeping area with flexible furniture placement. A wall of windows fills the home with natural light, while a large, private balcony provides desirable outdoor living space. The condominium fee includes all utilities except internet, helping simplify ownership and budgeting. Public transportation is at your doorstep with Metrobus service along Wisconsin Avenue providing convenient access to the Tenleytown-AU and Woodley Park Metro stations, while Whole Foods, Trader Joe's, Giant, restaurants, shopping, and neighborhood parks are all nearby. A turnkey investment in one of Northwest DC's most desirable rental locations with immediate cash flow and excellent long-term potential. Furnishings excluding tenants effect convey.
Details
| MLS # | DCDC2275048 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $662 |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1964 |
| Days On Site | 92 |
| Listing Provided By | KW United | Kristina S Walker |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 446 |
| Story(s) | 1 |
| Zoning | RA-4 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Bathroom - Tub Shower, Combination Dining/Living, Elevator, Wood Floors |
| Furnished | Yes |
| Appliances | Stove, Refrigerator, Disposal |
Exterior
| Security Features | Desk in Lobby, Main Entrance Lock |
|---|---|
| Construction Materials | Brick, Block |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Parking, Parking Fee |
Taxes
| Tax Annual Amount | 1574 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20007 |
| Area | WASHINGTON DC |
| Community Name | OBSERVATORY CIRCLE |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in OBSERVATORY CIRCLE) | |
Price: $179,000 low | high Med: $528,200 sqft: 446 low | high Med: 1,312 $ / sqft: $401 low | high Med: $404 On site: 92 low | high Med: 60.5 | |
Market Activity 20007
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20007 |
| Area | WASHINGTON DC |
| Community Name | OBSERVATORY CIRCLE |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in OBSERVATORY CIRCLE) | |
Price: $179,000 low | high Med: $528,200 sqft: 446 low | high Med: 1,312 $ / sqft: $401 low | high Med: $404 On site: 92 low | high Med: 60.5 | |
