Exceptional investment opportunity in the sought-after Observatory Circle neighborhood! Priced at just $179,000 - below the current tax assessment - this bright studio condominium is being sold subject to an existing lease through August 2027, providing immediate rental income, with additional upside from the separately deeded parking space. Rare for… Read More an efficiency, this unit includes both a private balcony and an assigned parking space, features that enhance tenant appeal and long-term value. Ideally located on Wisconsin Avenue just steps from the National Cathedral and minutes to Georgetown, American University, Glover Park, Cathedral Commons, and downtown Bethesda, the building offers a secure lobby, concierge, elevator, on-site laundry facilities, and extra storage space. Inside, the efficient floor plan features a kitchen, an enclosed bath and water closet with a separate sink area, a generous closet, and an open living and sleeping area with flexible furniture placement. A wall of windows fills the home with natural light, while a large, private balcony provides desirable outdoor living space. The condominium fee includes all utilities except internet, helping simplify ownership and budgeting. Public transportation is at your doorstep with Metrobus service along Wisconsin Avenue providing convenient access to the Tenleytown-AU and Woodley Park Metro stations, while Whole Foods, Trader Joe's, Giant, restaurants, shopping, and neighborhood parks are all nearby. A turnkey investment in one of Northwest DC's most desirable rental locations with immediate cash flow and excellent long-term potential. Furnishings excluding tenants effect convey. Read Less
Courtesy of Kristina S Walker, KW United 703-533-1500
Listing Snapshot
Days Online
3
Last Updated
Property Type
Condominium
Full Baths
1
Square Ft.
446
Year Built
1964
MLS Number
DCDC2275048
Additional Details
Appliances & Equipment
Stove, Refrigerator, Disposal
Building
Built in 1964, Living area: 446, Levels: 1, Entry level: 4, Construction Materials: Brick, Block
Cooling
Central A/C
Accessibility Features
Elevator
Exterior Features
Patio/Porch Features: Balcony
Heating
Forced Air
Home Owner's Association
Fee Includes: Common Area Maintenance, Laundry, Water, Sewer, Heat, Gas, Electricity, Trash, Insurance, Management, Reserve Funds, Amenities: Concierge, Elevator, Laundry Facilities, Storage Bin
Interior Features
Bathroom - Tub Shower, Combination Dining/Living, Elevator, Wood Floors
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.