About This Home
This 3-bedroom, 3-bathroom townhouse at 1525 OATES Street NE in Washington, DC is listed for $749,000 ($356 per sqft). Built in 1937, the home offers 2,105 sqft of living space on a 0.06 acres lot.
Key Features
- Built in 1937
- 0.06 acre lot
- 3 stories
- 4 parking spaces
Property Details
Amenities
**Turnkey Rowhome with an Income-Producing Lower Level** This well-maintained NE DC rowhome offers comfortable upper-level living paired with a separate lower-level unit built for rental income. Upstairs, you'll find three bedrooms and a full bath; the main level includes a convenient half bath and a fully updated kitchen with all-new appliances (2022).
The lower level has its own access and a proven rental track record - a rare chance to live upstairs and let the basement help cover the mortgage, or run it as a full investment property. ## Income Potential ## The lower level's numbers are documented, not projected: - **2022 Airbnb revenue: $33,386** (last full year operating as a short-term renta
l) - **2023-2024: $1,450/month** from a full-time tenant, all-inclusive (rent, utilities, and internet) Buyers can continue with a long-term tenant, revive the Airbnb income, or owner-occupy the upper levels while the lower level pays its way. ## Recent Updates & Repairs (Last 10 Years) - Central heater - new 2016 - Central A/C - new 2018 - Water heater - new 2024 - Kitchen appliances - all new 2022 - Basement flooring - new 2023 - Washer/dryer (2nd floor) - new 2022
Monthly Cost Estimate
$4,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1525 OATES Street NE
Washington, DC 20002
TRINIDAD
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom townhouse at 1525 OATES Street NE is listed at $749,000 ($356/sqft). The estimated monthly payment is $4,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1937, 0.06 acre lot, 3 stories, 4 parking spaces. Interior Features: Built-Ins, Combination Dining/Living, Combination Kitchen/Dining.
This property is listed by Blake Hering and can be reached at 2406434067.