A rare opportunity to own and move into a 3-unit building with architectural charm and a robust income record. The property is anchored by two sprawling three-bedroom residences and a generous lower-level flat, all benefiting from a history of high demand and consistent tenant occupancy. * * Apartment 1 (current rent $4,300). The heart of this home is a large, light-filled living room centered around a cozy wood-burning fireplace, flowing naturally into a formal dining room. * * Apartment 2 * * (current rent $5,000) lives like a 2-level townhouse and features a sun-drenched living room framed by elegant bayfront windows that look out over the tree-lined street. The kitchen has been recently updated, complementing the three spacious bedrooms and two-and-a-half bathrooms. This apartment is recently vacant, so it presents an immediate opportunity to place a new tenant or for a new owner to move in. * * Apartment B * * (current rent $2,000) is the lower-level residence. This one-bedroom, one-bathroom apartment features a separate kitchen and a large living area and ample closet space. The building has been a rental property for decades with consistent income, maintenance and upgrades. The Certificate of Occupancy and business license are on file with the city. And each apartment is separately metered for gas and electricity. Comfort is consistent throughout the building with radiant heat in all units. Apartments 1 and 2 enjoy the convenience of central AC. Apartment B is equipped with window and wall units. Sited one block off of Connecticut and in Kalorama Triangle, residents enjoy the historic aesthetic of the architecture and proximity to dining, Kalorama Park, metro and a vibrant night life.
Adams Morgan, located between Dupont Circle and Columbia Heights, is a historic and nightlife-focused Washington neighborhood with rowhouse-lined side streets and a global dining scene. The neighborhood’s character concentrates at 18th Street NW and Columbia Road NW, where late-night eateries, indie boutiques, music venues, and sidewalk patios cluster under glowing signs. Landmark theaters and storefronts sit beside colorful murals and tightly packed brick walk-ups. The LINE DC anchors the former church campus with a polished, design-forward presence. Songbyrd Music House and the nearby DC Arts Center keep the calendar tuned to live sets and gallery openings. Meridian Hill Park’s cascading lawns and fountains shape the neighborhood’s daily rhythm.
Provided by Walk Score and Local Logic
Offer insights
2007 Kalorama Rd NW · $1,999,999
$2M and above
75% chance or better to win
Why $2M+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 150 days.
SALE-TO-LIST
96.7%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Hardwood floors
Plaster walls and ceilings
Wood-burning fireplace (1)
Bedrooms
Three 3-bedroom units
One 1-bedroom unit
Laundry & utility
Laundry facilities in the basement; property has laundry
Flooring
Hardwood
Heating & cooling
Hot water heating (natural gas)
Central air plus wall and window units
Natural gas hot water
Exterior features
Decks and patios
Bay/Bow windows
Above-grade and below-grade structures
Home design
Semi-detached building
4 total levels
Very good condition
Fee simple ownership
Parking
On-street parking
Construction
Brick construction
Flat roof
Concrete perimeter and brick/mortar foundation
Building not winterized
Utilities
Public water
Public sewer
Natural gas available
Electric available
Cable TV available
Phone available
Internet services: Broadband, Cable, DSL, Fiber Optic, Satellite
Financial info
Total actual rent: $135,600
Net operating income: $110,006
Income includes apartment rentals
Operating expenses include advertising and insurance
Existing leases are yearly; one unit is month-to-month; two units leased
No rent control
Electricity and solar
View estimated energy costs and solar savings for this home
The Residential Apartment (RA) zones are residential zones, designed to provide for residential areas suitable for multiple dwelling unit development and supporting uses.; The RA zones are intended to: Permit flexibility by allowing all types of residential development; Promote stable residential areas while permitting a variety of types of urban residential neighborhoods; Promote a walkable living environment; Allow limited non-residential uses that are compatible with adjoining residential uses; Encourage compatibility between the location of new buildings or construction and the existing neighborhood; and Ensure that buildings and developments around fixed rail stations, transit hubs, and streetcar lines are oriented to support active use of public transportation and safety of public spaces.; The RA-2 zone provides for areas developed with predominantly moderate-density residential.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Healthcare
Housing-Multiple units
Housing-Student
Public service
Educational/school
Recreation
Park & open space
Local insights from Redfin agents
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its own personality, making it easy to find a match.