1228 FAIRMONT ST NW Washington, DC 20009
9 Beds
6 Baths
3,359 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,359 sqft
Price per Sqft $439
Subdivision Columbia Heights
MLS Listing ID DCDC2171080
Style Victorian
Bedrooms 9
Full Baths 6
HOA Y/N N
Abv Grd Liv Area 3,359
Originating Board BRIGHT
Year Built 1912
Annual Tax Amount $8,508
Tax Year 2024
Lot Size 2,378 Sqft
Acres 0.05
Property Sub-Type Interior Row/Townhouse
Property Description
Exceptional opportunity to own a high-income-producing property in one of DC's most sought-after neighborhoods. This spacious 9-bedroom, 6-bathroom residence includes a fully finished 2-bedroom, 2-bathroom English basement with a den/office and a Certificate of Occupancy—ideal for rental income or use as a private in-law suite. Both units feature upscale kitchens with granite countertops, offering modern finishes that attract quality tenants.
Outdoor amenities include a front terrace, a rare rear terrace, a second-floor veranda, and a two-car parking pad—an urban luxury that enhances rental appeal. Located just minutes from Columbia Heights and U Street Metro stations and major bus lines, this property is perfectly positioned for strong long-term rental demand.
Estimated Rental Income:
2BR/2BA English Basement + Den: Market comps suggest $3,000–$3,500/month. Conservatively:
$3,000 × 12 = $36,000 annually
Main Unit (9 Bedrooms): With group or room-by-room rentals at approx. $1,400/room:
$1,400 × 9 × 12 = $151,200 annually
Total Estimated Annual Rental Income: $187,200
Estimated Cap Rate:
($187,200 ÷ $1,475,000) × 100 = 12.7%
With a cap rate near 13% and premium finishes throughout, this property offers an ideal blend of upscale living and solid investment fundamentals in the heart of Columbia Heights.
Location
State DC
County Washington
Zoning RF-1
Direction North
Rooms
Other Rooms Den
Basement Connecting Stairway, Front Entrance, Outside Entrance, Rear Entrance, English, Full, Fully Finished
Main Level Bedrooms 1
Interior
Interior Features Family Room Off Kitchen, Kitchenette, 2nd Kitchen, Crown Moldings, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Galley, Upgraded Countertops, Wood Floors
Hot Water Natural Gas, Tankless
Heating Hot Water, Zoned, Forced Air
Cooling Central A/C, Ceiling Fan(s), Zoned
Flooring Hardwood
Fireplaces Number 2
Fireplaces Type Wood
Equipment Dishwasher, Disposal, Microwave, Refrigerator, Oven - Wall, Washer, Dryer
Furnishings No
Fireplace Y
Window Features Bay/Bow
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Oven - Wall, Washer, Dryer
Heat Source Natural Gas
Laundry Hookup, Washer In Unit, Dryer In Unit
Exterior
Exterior Feature Deck(s), Patio(s), Terrace
Garage Spaces 2.0
Fence Rear
Amenities Available None
Water Access N
View City
Roof Type Composite
Accessibility 2+ Access Exits
Porch Deck(s), Patio(s), Terrace
Road Frontage City/County
Total Parking Spaces 2
Garage N
Building
Lot Description Rear Yard, Front Yard
Story 4
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 4
Additional Building Above Grade
Structure Type Plaster Walls,9'+ Ceilings
New Construction N
Schools
Elementary Schools Tubman
Middle Schools Columbia Heights Education Campus
High Schools Cardozo Education Campus
School District District Of Columbia Public Schools
Others
HOA Fee Include None
Senior Community No
Tax ID 2862//0048
Ownership Fee Simple
SqFt Source Estimated
Security Features Security Gate,Exterior Cameras
Horse Property N
Special Listing Condition Standard
