Description
This 2-unit Airbnb property in Washington, DC's thriving H Street Corridor delivers reliable incomea0;todaya0;while offering a rare path to large-scale mixed-use development under itsa0;MU-7B zoning. Own a turnkey asset with proven performance, then reimagine it as a high-density residential or commercial project when the time is right. There is a potential for assemblagea0;with the two houses to the left, that are listed separately for a 22-unit project with a proposed pro-forma on request. Key Highlights include Active Airbnb Revenue of $4,200 monthly along with MU-7B zoning flexibility where you could build up to 65 feet with the 4.8 FAR (4.8x lot size buildable area). A Strategic Footprint of 80% lot occupancy + 12' rear setback allows efficient future site planning to include Penthouse Potential with 18'6'' mechanical space clearance for rooftop amenities. Increase your viability with ''future-proof'' development rights, which include mixed-use and a height cap of 65 feet giving you 5 to 6 stories making this an ideal condo or apartment project. This opportunity gives you complete control of your own small building, allowing you full short-term rental possibilities in a city that thrives on tourism. Being less than a minute away from the streetcar and not far from Metro, this allows you steady rental income due to easy access to transit. Act now as this hybrid opportunity won't last. Serve tourists today and capitalize on DC's urban expansion tomorrow.
Listing Courtesy of: District Real Estate, LLC.
Features
- Days on market: 30
- List Date: May 05, 2025
- Subdivision: CARVER LANGSTON
- County: WASHINGTON
- Cooling System: None
- Year Built: 1941
- Bathrooms: 2 full , 0 half
- Property Type: Townhouse
- Ownership: Fee Simple
- Heating: Hot Water
- Total taxes: 4,257
- Basement: Yes
- Basement Type: English
- Listing ID: DCDC2198216
- Architecture Style: Traditional
- Stories: Main, Upper 1
- Water: Public
- Tax Year: 2024
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