1332 North Capitol Street NW, Washington, DC 20002
Property Details
2
Description
Act Now: Your Last Chance for Turnkey Cash Flow - Massive Development Upside in DC's Hottest Corridor! Seize this rare opportunity to own a fully renovated, income-producing duplex in the heart of NoMa - one of DC's fastest-appreciating neighborhoods. This is not just a property; it's a wealth-building asset with immediate cash flow and extraordinary future potential! Why This Duplex Will Not Last: Turnkey Investment: Two fully updated, rent-ready units with separate utilities, in-unit laundry, and modern finishes. Start collecting rent from Day One! Duplexes offer the incredible advantage of two income streams - ideal for investors or those looking to house-hack and slash their living expenses. The NoMa Advantage: NoMa is a transit-oriented powerhouse with perfect Walk and Transit Scores, anchored by the Red Line and the vibrant Union Market. Your property is surrounded by major employers like Google and a booming residential population, ensuring rock-solid rental demand and strong appreciation. Recent all-cash acquisitions in the area prove the immense confidence investors have here. The Development "X-Factor" (MU-4/MU-5A Zoning): This is the true game-changer. The zoning allows for by-right development up to 50 feet! With an 18' x 100' lot, you have the potential for a condo conversion of up to 10 units . This is the "lottery ticket" that separates this property from a standard duplex - an exit strategy with massive upside. 2 Off-Street Parking Spaces: A premium in DC that commands higher rents and adds instant value. Who Should Buy THIS Property? Investors: You can't beat the combination of immediate cash flow and long-term land value. This is how serious portfolios are built. Owner-Occupants: Let your tenants pay your mortgage and build equity while living in a prime DC location. Developers: Acquire and develop. This is a prime lot in a high-growth corridor. The clock is ticking on this one. Properties with this level of income, zoning, and location are snatched up in days, not weeks. Bring your highest and best offer now. This is your chance to own a piece of DC's future. Schedule your private showing today before it's gone!
PROPERTY DETAILS: Square Feet: 3306 | Bathrooms: 2
INTERIOR FEATURES: • Square Footage (approx): 2,204 Sq. Ft. Above Ground, Sq. Ft. Below Ground • Appliances: Washer, Dryer • Cooling: Central Air, Electric • Heating: Gas Heat, Central • Plumbing: Gas Water Heater • Accessibility: Doors, Accessible Doors
EXTERIOR FEATURES: • Parking: Off Street, Gravel, Driveway, Parking Lot. • Exterior: Brick • Pool Description: None • Zoning: RES
LISTING AGENT: Agent: Lee Spurlock | Office: RE/MAX Realty Services | Phone: 3016520400 | Email: [email protected]
LISTING INFORMATION: MLS#: DCDC2270930 | Status: FOR SALE
Location
Address
1332 North Capitol Street NW
City
Washington
Features and Finishes
Interior Features:
• Square Footage
(approx): 2,204 Sq. Ft. Above Ground, Sq. Ft. Below Ground
• Appliances: Washer, Dryer
• Cooling: Central Air, Electric
• Heating: Gas Heat, Central
• Plumbing: Gas Water Heater
• Accessibility: Doors, Accessible Doors
Exterior Features:
• Parking: Off Street, Gravel, Driveway, Parking Lot.
• Exterior: Brick
• Pool Description: None
• Zoning: RES
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