1711 Riggs Place Northwest

Washington, DC 20009

$3,250,000
Price
Beds
3,620 Sq. Ft.
$898 / Sq. Ft.
3,620
Sq. Ft.
$898
per Sq. Ft.

Description

Welcome to this rare multi-family row-home, situated on one of the most picturesque blocks in Dupont Circle. This charming 4-level Victorian boasts 3 beautifully renovated apartments, combining classic architecture with modern comforts. With 3,692 sq ft of living space, each unit is thoughtfully designed, spacious, and collectively generates $150,000 in annual income.
The recently renovated English basement unit features a stylish blend of exposed brick and contemporary finishes. This 1-bedroom apartment
...Welcome to this rare multi-family row-home, situated on one of the most picturesque blocks in Dupont Circle. This charming 4-level Victorian boasts 3 beautifully renovated apartments, combining classic architecture with modern comforts. With 3,692 sq ft of living space, each unit is thoughtfully designed, spacious, and collectively generates $150,000 in annual income.

The recently renovated English basement unit features a stylish blend of exposed brick and contemporary finishes. This 1-bedroom apartment offers a washer/dryer, a large walk-in closet, a newly updated kitchen, a Waterworks bathroom, and ample natural light. Currently rented for $2,500/month.

Unit 2, located on the main level, greets you with a stunning picture window overlooking Riggs Place, a cozy fireplace, eat-in kitchen, dining area, 2 bedrooms, full bath, and a powder room. This unit is currently rented at $4,600/month.

Unit 3, the owner's penthouse, is flooded with natural light through bayfront windows that overlook the tree-lined street. The living room features a fireplace, while the updated kitchen leads upstairs to 2 bedrooms, a home office/zoom room, and a rooftop deck perfect for cool fall evenings. The primary bedroom boasts a cozy loft, and the luxurious bathroom is a true retreat with floor-to-ceiling marble, Waterworks fixtures, dual shower heads, and a steam room. This unit is rented at $5,400/month.

The property also includes two off-street parking spaces—a rare find in this prime location. Just a few blocks from Dupont Circle, Adams Morgan, 14th Street, the Metro, and the weekend Farmer's Market, you'll have easy access to a wide selection of restaurants and grocery stores. Plus, it's just one block from the popular S Street Dog Park.

This property is an ideal opportunity for both an end-user, and investors. The possibilities are endless: rent out all units, use Airbnb, or live in the penthouse while generating income from the other apartments. Don't miss out on this exceptional investment in the heart of Dupont!

Listing Agent

  1. James Grant

    James Grant

    Listing Agent

    Compass

    james.grant@compass.com

    P: (202)-577-8428

Property Details for 1711 Riggs Place Northwest

Tax ID Number
0153//0110
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Victorian
Waterfront
No
Garage
No
Legal Subdivision
Old City 2
Total Parking Spaces
2
LISTING UPDATED: 09/26/2024 06:23 PM

Property Details for 1711 Riggs Place Northwest

StatusActive
MLS #DCDC2161326
Days on Market22
Taxes$15,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1895
Lot Size0.04 AC / 1,767 SF
CountyDistrict of Columbia

Building Information for 1711 Riggs Place Northwest

Stories-Residences3Year Built1895Building Size-Lot Size0.04 AC / 1,767 SF

Property Information for 1711 Riggs Place Northwest

Location
Location
  • In City Limits: Yes
  • Transportation: Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $1,936,140
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $1,159,070
  • City Town Tax: $15,743
  • Land Assessed Value: $777,070
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Zoning: RA-2/DC
  • Tax Lot: 110
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: .00%
  • Number Of Units Month To Month: 0
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Trash
Financial Information
  • Gross Income: $150,000
  • Gross Scheduled Income: $150,000
  • Net Operating Income: $134,257
  • Annual Rental Income: $150,000
  • Income Includes: Apartment Rentals
  • Cap Rate: 4.10
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Urban Land-Sassafras-Chillum
  • Parcel ID: 15970046
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 2
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Roof Deck
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.TheGrantGroup.com

Property History for 1711 Riggs Place Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1711 Riggs Place Northwest

Taxable ValueLand$777,070Additions$1,159,070Total$1,936,140
Tax Record2023$15,954 ($1,329 / month)
Home Facts
Baths4Total Finished SqFt2,652 SqFtAbove Grade Finished SqFt2,652 SqFtStories3Lot Size1,767 SqFtStyleMulti-Family Dwelling (2-4)Year Built1895Year Renovated2019ZoningRA-8CountyDISTRICT OF COLUMBIAAPN0153 0110Fireplace TypeHas Fireplace

Schools near 1711 Riggs Place Northwest

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ross Elementary School
PublicPK to 5

Cardozo Education Campus
Public6 to 12

School Without Walls High School
Public9 to 12

Benjamin Banneker High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1711 Riggs Place Northwest is a multi-family home for sale in Washington, DC 20009. This property was listed for sale on September 26, 2024 by Compass, it's currently listed at $3,250,000. It has been on the market for a total of 22 days and was last sold on June 2, 2017. This listing's school district is District Of Columbia Public Schools. Nearby schools include Ross Elementary School, Cardozo Education Campus and School Without Walls High School. 1711 Riggs Place Northwest is a 0-bed, 0-bath, 3,620 sqft multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 09/26/2024 06:23 PM