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Listed by Jesse Grimste • Compass

$799,000

Est. payment - /mo

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4 Beds

3 Baths

1,706 SqFt

Active

11 N ST NW Washington, DC 20001

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Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,706 sqft

Price per Sqft $468

Subdivision Truxton Circle

MLS Listing ID DCDC2282672

Style Federal

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 1,706

Year Built 1900

Annual Tax Amount $7,041

Tax Year 2026

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

11 N Street NW presents a compelling opportunity to acquire an occupied two-unit investment property in the heart of Truxton Circle with $6,194 in current monthly scheduled rent and $74,328 in annual scheduled income. The property is configured as a 3-bedroom, 1.5-bath upper residence and a separate 1-bedroom, 1-bath lower residence. Both units are currently occupied on month-to-month leases under the Housing Choice Voucher program. Per the seller, the current rents are fully subsidized and the property has experienced no known payment issues.

At the current rent roll, the $799,000 offering price represents an approximately 9.3% gross yield before operating expenses. Current ownership has not actively pursued rent increases, providing potential future income upside subject to applicable voucher-program requirements, rent-reasonableness determinations, existing leases and District regulations.

Practical investment features include two rear off-street parking spaces, washer/dryer in each unit, and independent front and rear access for both residences. Both HVAC systems and both water heaters have been replaced during the current ownership period. The property is all-electric, with the lower tenant currently paying electric directly while ownership pays water for both residences and electric for the upper unit.

Situated in Truxton Circle with convenient access to NoMa, Union Market, downtown Washington and major transportation routes, 11 N Street NW offers investors immediate in-place income at an approachable basis, together with the opportunity to improve operating performance and the property itself over time. Purchaser to take title subject to the existing tenancies. Additional financial information is available upon request.

Location

State DC

County Washington

Zoning RF-1

Rooms

Main Level Bedrooms 1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Private Pool No

Building

Story 3

Foundation Other

Above Ground Finished SqFt 1706

Sewer Public Sewer

Water Public

Architectural Style Federal

Level or Stories 3

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 0617//0033

Ownership Fee Simple

SqFt Source 1706

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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11 N ST NW Washington, DC 20001

DC Homes Guide

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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11 N ST NW