1927 15th St Washington, DC 20009

Listing details for 1927 15th St, Washington, DC 20009 : Live in the heart of the U Street corridor while your property works for you. 1927 15th St NW is a rare three-unit opportunity offering immediate rental income, a vacant upper-level residence ready for move-in, and nearly $100,000 in potential annual gross revenue once fully leased. Whether you’re seeking a strategic investment or a lifestyle-forward home with built-in income, this property delivers both. The upper-level residence (Apt 2) is a bright and inviting one-bedroom home that is currently vacant—ideal for immediate occupancy or future rental. Below, two well-maintained two-bedroom residences provide income stability. Apt 1 is leased through July 31, 2026 at $3,375 per month (including parking), and Apt G is leased through May 31, 2027 at $2,400 per month, generating $5,775 per month ($69,300 annually) in secured income. Each unit is separately metered for electricity and features in-unit washer/dryer. The property benefits from a current Certificate of Occupancy (July 2024) and a valuable rent-control exemption, providing long-term operational flexibility. Since 2020, meaningful improvements have enhanced both longevity and livability, including full brick façade repointing with gable reconstruction, slate roof stabilization, updated HVAC systems (Apts 1 & G), refreshed kitchens and finishes, and exterior stair upgrades. Two secured off-street parking spaces with protected garage access offer rare convenience in this highly walkable, amenity-rich location near Metro, dining, and retail. A unique opportunity to live well, invest wisely, and own in one of DC’s most dynamic neighborhoods.