1011 Otis Pl Nw, WASHINGTON, DC

About 1011 Otis Pl Nw

Welcome to 1011 Otis Place! This spacious rowhouse underwent a recent renovation in 2022, boasting 4 bedrooms and 4.5 bathrooms. The modern kitchen features stunning stone and granite work, complemented by a granite fireplace. Inside, you’ll find a floating wrought iron staircase with a glass railing system on each level, adding to the modern elegance of the home. Throughout the house, enjoy wood floors and high ceilings. Upon entering the main floor, you’re greeted with an open concept living room and kitchen, accompanied by a half bath. The second floor contains two rooms, each with its own bathroom, as well as a hallway washer and dryer. The third floor features a spacious master suite with a walk-in custom closet, a spacious bathroom, and a bump- out den perfect for a home office. The basement level includes its own kitchen, bedroom, bathroom, and laundry area. Additionally, the basement unit currently rents for $2500, while the upstairs was previously rented out for $5600, bringing the total rental income to over $8100 per month. The townhome also possesses a DC rental license valid until 2025, which can be easily transferred to new investors. Furthermore, this property presents an excellent opportunity for homeowners to “house hack,” reducing their mortgage payments. Situated on a quiet block, this home is just minutes away from a plethora of restaurants and shops. Street parking is abundant, and the house offers backyard access. With a walk score of 93, you’ll be near many parks and renowned eateries such as Tequila & Mezcal, The Coupe, Hook Hall, Smitty’s, and more.

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