Income Producing Duplex - 35 T Street NW
Two-Unit Investment Opportunity with Long-Term Flexibility & Strong In-Place Cash Flow
Marketing description
UPPER UNIT
3 Bedrooms | 2.5 Bathrooms | Approx. 1,734 SF | 2 Levels
Current Rent: $4,300/month
Lease Term: Current – 5/31/2027
Tenant Pays: Electric, Gas, Internet, Water & Sewer
No Pets
LOWER UNIT
1 Bedroom | 1 Bathroom | Approx. 867 SF | 1 Level
Current Rent: $1,850/month
Lease Term: 10/20/2025 – 8/31/2026
Tenant has expressed interest in renewing
Tenant Pays: Electric, Gas, Internet, Water & Sewer
One Dog
Two-Unit Investment Opportunity with Long-Term Flexibility & Strong In-Place Cash Flow-
Positioned in the heart of Bloomingdale, one of Washington DC’s most sought-after and rapidly appreciating neighborhoods, 35 T Street NW presents a rare opportunity to acquire a fully renovated, income-producing asset with stable tenancy, flexible future use, and enduring long-term upside.
Originally built in 1905 and extensively remodeled in 2018/2019, this thoughtfully reimagined rowhome spans approximately 2,601 total square feet and is currently configured as two separately functioning residences, each with private entrances and full kitchens, while still maintaining the ability to reconnect the home into a single expansive residence in the future.
The property offers an ideal blend of immediate cash flow and future optionality; perfectly suited for investors seeking a turnkey DC asset, owner-occupants looking to offset their mortgage with rental income, or long-term buyers focused on appreciation in a supply-constrained urban market.
PROPERTY HIGHLIGHTS
- Approx. 2,601 Total Building SF
- Fully Renovated in 2018/2019
- Configured as 2 Separate Residences
- Total: 4 Bedrooms | 3.5 Bathrooms
- Private Rear Deck
- Rear Parking Pad
- Separate Entrances for Both Units
- Interior Staircase Connection Maintained with Locked Separation Door
- High Ceilings, Large Windows & Excellent Natural Light
- Modern Open Layouts with Exposed Brick & Designer Finishes
- Quartz Countertops & Waterfall Island
- Tray Ceilings & Recessed Lighting
- Exceptional Flexibility for Investors or Future Owner Occupants
Investment highlights
INVESTMENT OVERVIEW
Current Income:
Gross Monthly Income: $6,150
Gross Annual Income: $73,800
Annual Expenses:
2025 Property Taxes: $12,147
Insurance: $2,157
Financial Performance:
Total Annual Expenses: $14,304
Net Operating Income (NOI): $59,496
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