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Michael Blake

mblakerealtor@gmail.com +1(703) 732-0795

Listed by Kris Walker • KW United

$ 179,000

Est. payment | -/mo

1 Bath

446 SqFt

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$ 179,000

Est. payment | -/mo

Save

1 Bath

446 SqFt

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 446 sqft

Price per Sqft $401

Subdivision Observatory Circle

MLS Listing ID DCDC2275048

Style Mid-Century Modern

Full Baths 1

Condo Fees $662/mo

HOA Y/N N

Abv Grd Liv Area 446

Year Built 1964

Available Date 2026-07-30

Annual Tax Amount $1,574

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Exceptional investment opportunity in the sought-after Observatory Circle neighborhood! Priced at just $179,000—below the current tax assessment—this bright studio condominium is being sold subject to an existing lease through August 2027, providing immediate rental income, with additional upside from the separately deeded parking space. Rare for an efficiency, this unit includes both a private balcony and an assigned parking space, features that enhance tenant appeal and long-term value. Ideally located on Wisconsin Avenue just steps from the National Cathedral and minutes to Georgetown, American University, Glover Park, Cathedral Commons, and downtown Bethesda, the building offers a secure lobby, concierge, elevator, on-site laundry facilities, and extra storage space. Inside, the efficient floor plan features a kitchen, an enclosed bath and water closet with a separate sink area, a generous closet, and an open living and sleeping area with flexible furniture placement. A wall of windows fills the home with natural light, while a large, private balcony provides desirable outdoor living space. The condominium fee includes all utilities except internet, helping simplify ownership and budgeting. Public transportation is at your doorstep with Metrobus service along Wisconsin Avenue providing convenient access to the Tenleytown-AU and Woodley Park Metro stations, while Whole Foods, Trader Joe's, Giant, restaurants, shopping, and neighborhood parks are all nearby. A turnkey investment in one of Northwest DC's most desirable rental locations with immediate cash flow and excellent long-term potential. Furnishings excluding tenants effect convey.

Location

State DC

County Washington

Zoning RA-4

Interior

Interior Features Bathroom - Tub Shower, Combination Dining/Living, Elevator, Wood Floors

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Equipment Stove, Refrigerator, Disposal

Furnishings Yes

Fireplace N

Appliance Stove, Refrigerator, Disposal

Heat Source Natural Gas

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Amenities Available Concierge, Elevator, Laundry Facilities, Storage Bin

Water Access N

Accessibility Elevator

Porch Balcony

Total Parking Spaces 1

Garage N

Private Pool No

Building

Story 1

Unit Features Hi-Rise 9+ Floors

Above Ground Finished SqFt 446

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern

Level or Stories 1

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Laundry,Water,Sewer,Heat,Gas,Electricity,Trash,Insurance,Management,Reserve Funds

Senior Community No

Tax ID 1930//2082

Ownership Condominium

SqFt Source 446

Security Features Desk in Lobby,Main Entrance Lock

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(703) 732-0795

mblakerealtor@gmail.com

Learn More About LPT Realty

2800 WISCONSIN AVE NW #405 Washington, DC 20007