2300 17th St Nw, WASHINGTON, DC

About 2300 17th St Nw

Prime Investment Opportunity on the BEST street in Adam's Morgan – 2300 17th St NW This well-maintained multifamily gem offering three spacious 2-bedroom, 2-bathroom units—perfect for investors or owner-occupants seeking strong rental income potential in a highly desirable location OR it can be converted back to a single family. The top unit is recently vacated and painted and ready for owner occupancies or a new tenant at market rent (approximately 3,800-4,000 based on recent comps). All units separately metered except for water. The property has an excellent rental history, good cash flow, and low expenses. Each unit boasts an open floor plan, modern finishes, ample natural light, and private in-unit laundry, dishwashers, central heat/AC, hardwood floors and balconies. With thoughtfully designed layouts and updated interiors, these apartments are move-in ready and highly attractive to tenants due to their prime location. Nestled in a vibrant and walkable neighborhood, this property is walkable to steps local shops, cafes, restaurants, such Mi Vida and Le Diplomat and parks. Additional Income Potential: The property includes two dedicated parking spaces, a rare and valuable feature in the area. These spaces can be rented out separately for additional income or reserved for tenants seeking convenient off-street parking. Whether you’re looking to expand your real estate portfolio or secure a strong-performing asset in a high-demand location, 2300 17th St delivers on every level.

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