Corcoran Triplex 1317 Corcoran St NW 3 Unit Apartment Building $2,175,000 ($725,000/Unit) 4% Cap Rate Washington, DC 20009

Owner/User or Investor - Potential to add additional unit. -- Contact Edward Poutier
1317 Corcoran St NW, Circa 1890, is more than just a home, it's a piece of history! This 3 unit income producing property that affords an invitation to embrace a lifestyle of elegance and convenience. The apts should generate 10K+/mth as it sits. This residence sits on a peaceful slice of urban space, perfectly nestled along a picturesque tree-lined one-way street with brick sidewalks, which is renowned as one of DC's most desirable streets according to the Washingtonian Magazine. Just steps from the renowned Le Diplomate and the beloved Call Your Mother Deli, with easy access to Whole Foods and Trader Joes, you'll have an array of culinary delights at your fingertips. Corcoran St NW is an extraordinary find, with limited traffic it is the perfect balance of accessibility and tranquility. Offering its blend of historic charm and modern amenities, this Victorian row home presents a remarkable opportunity to reside in one of the most sought-after neighborhoods in the city. Don't miss your chance to experience the epitome of refined living in Logan Circle. The residence was built in 1890 and converted to three separately metered units in 1978. The original brick exterior was repointed in 2009, and all the front windows are mahogany thermo-pane installed in 2010. Enter through the original french doors in-thru the foyer to the entry hall. The primary unit is on two levels and offers 2 bedroom 2 bathrooms, high ceilings, wood burning fireplace, floor to ceiling bay windows. In addition there are two beautiful, one bedroom separately metered units. The property offers over 3000 sf of exclusively living space to enjoy and a glorious large rear yard. This provides the new owners with the versatility to either rent as it is or adapt it to your desire and expand the footprint of the house. The prime location offers easy access to a sophisticated urban lifestyle and convenience to Whole Foods, Trader Joe's, several gyms, dog parks, cafes, restaurants, and bars, all just out your front door. With a walk score of 98, it's a walker's and biker's paradise, and you can easily access to the U Street Cardozo Metro (yellow/green) or Dupont Circle, McPherson Square Metro stations, as well as numerous bus stops. Surrounding neighborhoods, include: DuPont Circle, Logan Circle, City Center, U Street Corridor, and Shaw, 10 mins to Regan National Airport, Kennedy Center or Georgetown. Call for private shows, the owner is a licensed realtor in DC & MD and has owned the property since 1993. ** PARTICIPATING IN A 1031 TAX EXCHANGE **