1247 Mount Olivet Road Ne Washington, DC 20002

$850,000
4
Beds
4
Baths
0.07
Acres
3,341
SQFT
254
$/SQFT
$850,000
4
Beds
4
Baths
3,341   sf
$254 / sf
Favorite

active
1/39
Street View

Exceptional opportunity to own a beautifully renovated 2-unit property in one of Northeast DC's rapidly evolving neighborhoods. Featuring two spacious 2-bedroom, 2-bath residences, this turnkey property is ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. Live in one unit and rent the other, or lease both units to maximize investment potential. With both units currently vacant, the next owner has the flexibility to establish market rents or move in immediately.Each thoughtfully renovated unit offers a modern kitchen, stylish bathrooms, spacious living areas, abundant natural light, and the convenience of in-unit laundry. Separate newer HVAC systems provide independent comfort and efficiency for each residence, while the roof was replaced approximately seven years ago for added peace of mind. Separate gas and electric meters simplify property management and enhance investment appeal.The unfinished basement provides valuable storage and additional flexibility. A rear overhead door opens to a rare two-car off-street parking pad, an increasingly valuable amenity in the city.Ideally located just minutes from Union Market, Ivy City, the H Street Corridor, NoMa, Gallaudet University, Capitol Hill, and downtown Washington, DC, you'll enjoy convenient access to Metro, major commuter routes, restaurants, shopping, and entertainment.Whether you're expanding your investment portfolio or searching for a move-in-ready owner-occupied investment opportunity, this well-maintained duplex offers exceptional versatility in a neighborhood experiencing continued growth and redevelopment.Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.

Exceptional opportunity to own a beautifully renovated 2-unit property in one of Northeast DC's rapidly evolving neighborhoods. Featuring two spacious 2-bedroom, 2-bath residences, this turnkey property is ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. Live in one unit and rent the other, or lease both units to maximize investment potential. With both units currently vacant, the next owner has the flexibility to establish market rents or move in immediately.Each thoughtfully renovated unit offers a modern kitchen, stylish bathrooms, spacious living areas, abundant natural light, and the convenience of in-unit laundry. Separate newer HVAC systems provide independent comfort and efficiency for each residence, while the roof was replaced approximately seven years ago for added peace of mind. Separate gas and electric meters simplify property management and enhance investment appeal.The unfinished basement provides valuable storage and additional flexibility. A rear overhead door opens to a rare two-car off-street parking pad, an increasingly valuable amenity in the city.Ideally located just minutes from Union Market, Ivy City, the H Street Corridor, NoMa, Gallaudet University, Capitol Hill, and downtown Washington, DC, you'll enjoy convenient access to Metro, major commuter routes, restaurants, shopping, and entertainment.Whether you're expanding your investment portfolio or searching for a move-in-ready owner-occupied investment opportunity, this well-maintained duplex offers exceptional versatility in a neighborhood experiencing continued growth and redevelopment.Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Washington
  • Tax Amount
    $7,734
  • Status
    Active
  • Listing #
    DCDC2276918
  • Built
    1943
  • Lot Size
    0.07
  • Listed on site
    21 days
  • Listing Agent Id
    121137095134
  • Co Listing Agent Id
    300341292031

Listed by:
EXP Realty, LLC

Source:
BRIGHT MLS

Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
rating icon
No deal rating
NEW!
Favorite

Tour This Home

Mon
24Aug
Tue
25Aug
Wed
26Aug
Thu
27Aug
Fri
28Aug
Sat
29Aug
Sun
30Aug
Mon
31Aug
Tue
01Sep
Wed
02Sep
Thu
03Sep
Fri
04Sep
Sat
05Sep
Sun
06Sep
in Person
via Video Call