2800 Wisconsin Avenue Nw 405 Washington, DC 20007

$179,000
1
Baths
446
SQFT
401
$/SQFT
$179,000
1
Baths
446   sf
$401 / sf
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active
1/23
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Washington
  • HOA Dues
    $662/mo
  • Tax Amount
    $1,574
  • Status
    Active
  • Listing #
    DCDC2275048
  • Built
    1964
  • Listed on site
    31 days
  • Listing Agent Id
    121136687064
  • Co Listing Agent Id
    1700005854528

Listed by:
KW United

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • Has HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Balcony
  • No Pool
  • Parking Off-Street

Interior Features

  • Central Air Conditioning

Style

  • Penthouse
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