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For Sale

605 P STREET NW

605 P STREET NW, WASHINGTON, DC 20001

$2,900,000
This newly renovated 11-bedroom, 11.5-bathroom property is ideally located in the heart of Washington, DC, offering the best of both worlds - a vibrant atmosphere and unmatched convenience. Whether you're an experienced real estate investor or a first-time buyer looking to tap into the thriving Airbnb market, 605 P St NW presents a seamless investment opportunity. This property offers steady rental income and meets the Debt Service Coverage Ratio (DSCR), making it a smart and sustainable investment from the moment you take ownership.

Currently operating as a highly successful Airbnb, this income-generating home is perfectly situated for both tourists and business travelers alike. Guests will enjoy the convenience of being surrounded by world-class restaurants, including Founding Farmers, Old Ebbitt Grill, and The Hamilton, all within walking distance. For groceries, Whole Foods Market and Trader Joe's are just a few blocks away, making shopping a breeze. The metro, bus stations, and major thoroughfares are easily accessible, allowing for a hassle-free commute to iconic attractions such as the National Mall, Smithsonian Museums, and Capitol Hill. Additionally, Reagan National Airport and the Washington Convention Center are just a short drive away, enhancing the property's appeal for both short-term stays and extended visits.

This fully furnished property is ready to start generating rental income immediately, offering a steady revenue stream from day one. The home comes fully equipped with high-quality fixtures and finishes, ensuring a luxurious and comfortable stay for guests. With a proven track record on Airbnb, it's a truly turnkey property with the potential for excellent returns.

This rare gem includes all furniture and fixtures, making it an even more attractive investment. From stylish living areas to fully equipped bedrooms, everything you need is already in place, allowing you to begin reaping the rewards immediately.

Opportunities like this don't come often. Properties of this caliber and potential are hard to find in today's market. See what makes this property an incredible opportunity

Studio

2,832 Sq.Ft. LIVING AREA

2,134 Sq.Ft. lot

Keith James

Keith James

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Ceramic Tile, Hardwood
  • APPLIANCES Gas Water Heater

Area & Lot

  • Status For Sale
  • Living Area2,832 Sq.Ft.
  • Total Area2,832 Sq.Ft.
  • Lot Area2,134 Sq.Ft.
  • MLS® IDDCDC2200490
  • TypeTownhouse
  • YEAR BUILT1900
  • NeighborhoodWashington
  • Architecture StylesFederal
  • School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS

Exterior

  • STORIES3
  • water SourcePublic
  • utilitiesCable Available, Sewer Available, Natural Gas Available, Electricity Available
  • PoolNone
  • parkingPrivate, Other
  • HEAT TYPENatural Gas, Central
  • AIR CONDITIONINGCentral Air, Electric
  • sewerPublic Sewer
  • SubstructureOther

Financial

  • Sales Price$2,900,000
  • Real Estate Tax $15,696/yr
  • Zoning RF-1
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 605 P STREET NW, WASHINGTON, DC 20001. We are reviewing your request and will be in touch shortly!

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