1324 Buchanan St NW, Washington, DC 20011

Description

Live in one, rent the other or own both
A renovated two-unit rowhome in 16th Street Heights, delivered vacant: move in the day you close, or lease both units at today's market rents. A 3-bedroom, 2.5-bath owner's residence sits above a separately entered 1-bedroom lower-level apartment, about 2,104 finished square feet in all.

Why this home
Move-in ready, both units. Renovated kitchens and bathrooms throughout mean little investment on day one.
A true family-size main home. Unit 1 offers 3 bedrooms and 2.5 bathrooms over 1,560 sf on the main and upper levels.
A private-entrance rental below. Unit 2 has its own outside door, so it leases independently of the main home.
Built-in rent upside. Unit 1 last leased at $2,700/mo, $600–$800 below its projected market rent of $3,300–$3,500.
Unit 2 last rented for $1750/mo.
Low operating costs. Tenants pay all utilities except water, and there is no trash fee.
Vacant and flexible. Owner-occupy, or lease both units at market on your own terms.

Why it works as a rental:
Vacant delivery lets you set both leases at market rather than inherit below-market rent.
Separate entrances and renovated units mean both lease without further capital work.
A 3-bedroom upper unit draws long-term family and shared-housing tenants.

Location: 16th Street Heights Neighborhood
Petworth Metro (Green/Yellow) - 1.0 mile
Columbia Heights Metro (Green/Yellow) - 1.0 mile
Rock Creek Park - walkable