3 New York Avenue

Washington, DC 20001
$1,189,998
  • 2,040 SQFT
Status: Active
  • Est. Payment
    / mo

Investment Opportunity: Fully Renovated Property with Income Potential

This prime property, owned by a licensed realtor, presents a fantastic investment opportunity. With an application already submitted for a Bed and Breakfast or Small Motel license, we are currently awaiting DC review. The property is ideally suited for a variety of businesses, including short-term rentals, offering excellent potential for high returns.

Proven Profit: The property generated over $118,000 in estimated profits last year—demonstrating its strong income potential.
Two Fully Renovated Units:
Basement Unit: Features a 1-bedroom, 1.5-bathroom layout, perfect for a private rental or guest suite.
Upstairs Unit: Offers 3 spacious bedrooms, 1 bathroom, and modern finishes throughout.
Both units boast gourmet kitchens, upgraded in 2021, providing high-end living for tenants or guests.

Security & Privacy: The property is secured with a fenced-in yard and a gated entry, ensuring peace of mind for residents and guests.
This property is ready to deliver strong returns, whether you’re looking to operate a short-term rental, B&B, or small motel. Don't miss out on this incredible opportunity to own a fully renovated, income-generating property in a sought-after location.

Listing provided courtesy of: Realty ONE Group Capital.

PROPERTY DETAILS

  • Price $1,189,998
  • Price / Sq Ft $583
  • Bldg/Unit Size (Sq Ft) 2,040
  • Building Units 2
  • Land/Lot Size (Sq Ft) 871
  • Property Type Commercial Sale
  • Floors / Stories 3
  • Year Built 1900
  • MLS Number DCDC2192168
  • Days on Market 40

TAXES & HOA

  • Annual Taxes (USD) $6,262
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: Realty ONE Group Capital. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 09:26:21

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