Description
1821 T Street NW offers a rare nine-unit apartment building in the heart of Adams Morgan, featuring a desirable mix of studios, one bedrooms, and a two-bedroom residence (total of 9 units). Fully renovated in 2020, the property includes communal laundry, upgraded systems, separately metered electricity, and one parking space located at the rear of the building.Five units are currently occupied, many of which are government-funded and tenant-subsidized (Units 101, 201, 301, and 302). Four units are vacant and available for immediate tour and lease up (Units 102, 202, 203, and 303).This asset presents exceptional value-add potential through stabilization and full occupancy, with strong rent growth opportunities in one of DC's most sought-after rental corridors. Ideally positioned steps from Harris Teeter, Meridian Hill Park, Woodley Park, Dupont Circle, and U Street. TOPA status is compliant.
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10BEDS
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0.01ACRES
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9BATHS
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01/2 BATHS
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3,850SQFT
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$1,038$/SQFT
Description
1821 T Street NW offers a rare nine-unit apartment building in the heart of Adams Morgan, featuring a desirable mix of studios, one bedrooms, and a two-bedroom residence (total of 9 units). Fully renovated in 2020, the property includes communal laundry, upgraded systems, separately metered electricity, and one parking space located at the rear of the building.Five units are currently occupied, many of which are government-funded and tenant-subsidized (Units 101, 201, 301, and 302). Four units are vacant and available for immediate tour and lease up (Units 102, 202, 203, and 303).This asset presents exceptional value-add potential through stabilization and full occupancy, with strong rent growth opportunities in one of DC's most sought-after rental corridors. Ideally positioned steps from Harris Teeter, Meridian Hill Park, Woodley Park, Dupont Circle, and U Street. TOPA status is compliant.
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