605 P ST NW, WASHINGTON,DC 20001

$3,100,000

605 P ST NW, WASHINGTON, District Of Columbia 20001 - $3,100,000

0.05 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

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

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $3,100,000
Year Built : 1900
Lot : 0.05 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Central
: Central a/c
: Monitored
: Private

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
DC
WASHINGTON
WASHINGTON
SHAW
20001
W78° 58' 47.1''
N38° 54' 35.5''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
4,040 Sq.Ft
: Rf-1
: Ceramic tile, Hardwood
N
: Negotiable
Public Sewer
: Public
$0
767.33
2022
15696
N

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

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    Call (434) 981-5923

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    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Keller Williams Capital Properties represents the interest of the seller 2022437700 DCDC2199946. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.