UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 569 sqft
Price per Sqft $385
Subdivision Potomac Place Tower
MLS Listing ID DCDC2257598
Style Unit/Flat
Full Baths 1
Condo Fees $680/mo
HOA Y/N N
Abv Grd Liv Area 569
Year Built 1959
Annual Tax Amount $1,648
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
PRIME TURN-KEY INVESTOR OPPORTUNITY | PRICED BELOW MARKET VALUE FOR IMMEDIATE SALE | PROVEN CASH FLOW ($1,800/MO)
Exceptional, highly maintained studio offered with a deeded covered parking space, a balcony overlooking a tree-lined park, and a track record of strong, reliable rental performance. Priced aggressively well below market value—providing instant equity and exceptional yield potential for a savvy investor.
This unit has been meticulously cared for and extensively upgraded to ensure exceptionally low ongoing maintenance and capital expenditure costs for a new owner:
Upgraded Solid Bamboo Flooring: Ultra-durable flooring built to handle tenant turnovers effortlessly
Updated Kitchen: Granite countertops, brand-new refrigerator, updated dishwasher and microwave, plus added garbage disposal
Updated Bathroom: Kohler toilet, updated vanity, and high-quality fixtures
Upgraded Building Systems: Updated HVAC unit, Lutron switches & outlets throughout, and a custom-built closet system maximizing space efficiency
PREDICTABLE OPERATING EXPENSES: The all-inclusive HOA fee covers ALL UTILITIES (Electricity, Gas, Air Conditioning, Heating, Water, Sewer, Trash) except internet—creating an extraordinarily predictable expense structure and maximizing net yield. Building amenities include a 24-hour concierge, outdoor pool, two fitness centers, business center, and secure bike storage.
LOCATION: Steps to Safeway, CVS, Arena Stage, Waterfront Metro (Green Line), The Wharf, Navy Yard, and the National Mall.
Location
State DC
County Washington
Zoning SEE ZONING MAP
Rooms
Other Rooms Living Room, Kitchen
Interior
Interior Features Kitchen - Gourmet, Combination Kitchen/Dining, Upgraded Countertops, Crown Moldings, Window Treatments, Efficiency, Floor Plan - Open
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Equipment Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove
Fireplace N
Appliance Dishwasher, Disposal, Exhaust Fan, Freezer, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove
Heat Source Electric
Laundry Common
Exterior
Parking Features Covered Parking
Garage Spaces 1.0
Parking On Site 1
Amenities Available Common Grounds, Community Center, Concierge, Convenience Store, Elevator, Exercise Room, Extra Storage, Party Room, Pool - Outdoor, Security
Water Access N
Accessibility 2+ Access Exits, Elevator
Total Parking Spaces 1
Garage Y
Building
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Foundation Slab
Above Ground Finished SqFt 569
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include A/C unit(s),Air Conditioning,Electricity,Ext Bldg Maint,Gas,Heat,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance,Management,Insurance,Pool(s),Reserve Funds,Sewer,Snow Removal,Trash,Water
Senior Community No
Tax ID 0540//2881
Ownership Condominium
SqFt Source 569
Security Features 24 hour security,Desk in Lobby,Exterior Cameras,Fire Detection System,Intercom,Main Entrance Lock,Monitored,Resident Manager,Sprinkler System - Indoor,Surveillance Sys
Special Listing Condition Standard
Pets Allowed Case by Case Basis
Virtual Tour https://my.matterport.com/show/?m=cfbqp76Jr1J&mls=1
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION