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605 P Street NW

WASHINGTON, DC 20001
  • $3,100,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: DCDC2200490
UPDATED: 66 min ago
$3,100,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,832
    SQFT
  • $1,095
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

This newly renovated 11-bedroom, 11.5-bathroom property is ideally located in the heart of Washington, DC, offering the best of both worlds " a vibrant atmosphere and unmatched convenience. Whether you're an experienced real estate investor or a first-time buyer looking to tap into the thriving Airbnb market, 605 P St NW presents a seamless investment opportunity. This property offers steady rental income and meets the Debt Service Coverage Ratio (DSCR), making it a smart and sustainable investment from the moment you take ownership.Currently operating as a highly successful Airbnb, this income-generating home is perfectly situated for both tourists and business travelers alike. Guests will enjoy the convenience of being surrounded by world-class restaurants, including Founding Farmers, Old Ebbitt Grill, and The Hamilton, all within walking distance. For groceries, Whole Foods Market and Trader Joe's are just a few blocks away, making shopping a breeze. The metro, bus stations, and major thoroughfares are easily accessible, allowing for a hassle-free commute to iconic attractions such as the National Mall, Smithsonian Museums, and Capitol Hill. Additionally, Reagan National Airport and the Washington Convention Center are just a short drive away, enhancing the propertys appeal for both short-term stays and extended visits.This fully furnished property is ready to start generating rental income immediately, offering a steady revenue stream from day one. The home comes fully equipped with high-quality fixtures and finishes, ensuring a luxurious and comfortable stay for guests. With a proven track record on Airbnb, its a truly turnkey property with the potential for excellent returns.This rare gem includes all furniture and fixtures, making it an even more attractive investment. From stylish living areas to fully equipped bedrooms, everything you need is already in place, allowing you to begin reaping the rewards immediately.Opportunities like this dont come often. Properties of this caliber and potential are hard to find in todays market. See what makes this property an incredible opportunity

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©2025 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. 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. Data last updated: 2025-06-15T16:52:54.717.
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605 P Street NW WASHINGTON, DC 20001

  • Price: $3,100,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 66 min ago
  • ID#: DCDC2200490
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,832
SQFT
$1,095
$/SQFT
1900
Built
Neighborhood:
Shaw
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
This newly renovated 11-bedroom, 11.5-bathroom property is ideally located in the heart of Washington, DC, offering the best of both worlds " a vibrant atmosphere and unmatched convenience. Whether you're an experienced real estate investor or a first-time buyer looking to tap into the thriving Airbnb market, 605 P St NW presents a seamless investment opportunity. This property offers steady rental income and meets the Debt Service Coverage Ratio (DSCR), making it a smart and sustainable investment from the moment you take ownership.Currently operating as a highly successful Airbnb, this income-generating home is perfectly situated for both tourists and business travelers alike. Guests will enjoy the convenience of being surrounded by world-class restaurants, including Founding Farmers, Old Ebbitt Grill, and The Hamilton, all within walking distance. For groceries, Whole Foods Market and Trader Joe's are just a few blocks away, making shopping a breeze. The metro, bus stations, and major thoroughfares are easily accessible, allowing for a hassle-free commute to iconic attractions such as the National Mall, Smithsonian Museums, and Capitol Hill. Additionally, Reagan National Airport and the Washington Convention Center are just a short drive away, enhancing the propertys appeal for both short-term stays and extended visits.This fully furnished property is ready to start generating rental income immediately, offering a steady revenue stream from day one. The home comes fully equipped with high-quality fixtures and finishes, ensuring a luxurious and comfortable stay for guests. With a proven track record on Airbnb, its a truly turnkey property with the potential for excellent returns.This rare gem includes all furniture and fixtures, making it an even more attractive investment. From stylish living areas to fully equipped bedrooms, everything you need is already in place, allowing you to begin reaping the rewards immediately.Opportunities like this dont come often. Properties of this caliber and potential are hard to find in todays market. See what makes this property an incredible opportunity
Exterior Features

Architectural Style Federal Construction Materials Brick Garage YN No Location Type Urban Parking Features Private Parking Types Other Pool No Pool Road Surface Type Paved Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2832 Cooling Central A/C Flooring Ceramic TileHardwood Heating Central Heating YN Yes Rooms Total 11 Security Features Monitored Single Room Units 11 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing ConventionalCashFHAVA Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street 6th Foundation Details Other Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 803848975930 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 15696.00 Tax Lot 154 Utilities Cable TVSewer AvailableElectric AvailableNatural Gas Available Vacation Rental YN No Water Source Public Year Built Effective 2015 Zoning RF-1

Listing courtesy of Keller Williams Capital Properties: .


©2025 Bright MLS, All Rights Reserved. IDX information 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. 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. Data last updated: 2025-06-15T16:52:54.717.
 
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