$1,075,000

1664 PARK RD NW, Washington, DC 20010

  • 3,895 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $276/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Coming Soon!...Exceptional 3-unit semi-detached property offering versatile investment potential in the heart of Mount Pleasant. This well-positioned building features two residential units plus one commercial space, presenting multiple revenue streams and value-add opportunities. The upper residential unit offers 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with expansion potential to 3BR/2BA upon basement finishing. The commercial space is occupied by a month-to-month tenant providing immediate rental income. The unfinished basement presents a significant value-add opportunity, ready for customization to maximize the lower unit's potential and overall property income. The property's current condition and competitive pricing create substantial room for value enhancement through strategic improvements, making it ideal for investors seeking a turnkey opportunity with existing commercial income and residential upside potential, or owner-occupants looking to offset mortgage costs by residing in one unit while generating rental income from the others. Value-add specialists can capitalize on the basement finishing opportunity and vacant residential units to significantly increase returns. Situated in the desirable Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to urban amenities while maintaining a residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing cash flow during any improvement period.

Listing Status:
Active
Date Added:
July 25, 2025 at 05:00AM
Listing Office:
NHT Real Estate LLC : 2026705352
Listing Agent:
David L Moretz II : 7066278926
MLS ID:
DCDC2212098
  • Flooring: Wood
  • A/C: Window Unit(s)
  • Heating: CentralNatural Gas
  • Disability Feature: None

This listing courtesy of David L Moretz II, NHT Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bancroft Elementary School

1755 Newton St NW, Washington, DC, 20010

Grades EE-5

0.20 miles away

C

Columbia Heights Education Campus

3101 16th St NW, Washington, DC, 20010

Grades 6-8

0.25 miles away

C

Cardozo Education Campus

1200 Clifton St NW, Washington, DC, 20009

Grades 9-12

0.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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