1204 Irving Street NWWashington, DC 20010

A 5-Star Home & Turnkey Business in One Smart Investment
Presenting 1204 Irving St NW: A rare opportunity where a beautiful home meets a high-performance financial asset. This smart-enabled property is a professionally managed, income-generating powerhouse ready for the savvy buyer. Live smart, earn smart.
The Home: Beyond the impressive numbers lies an exquisite, move-in-ready home. The main level features a gracious, flowing floor plan, from the living room with its functional pocket door to the dining room, an updated kitchen and adjacent family room. Step outside to a private deck and cozy patio, perfect for relaxing or entertaining. A valuable two-car garage provides secure off-street parking. Upstairs, you'll find three bedrooms, a versatile den/office, and a sky-lit full bathroom. A bonus attic space offers storage or a playroom. The property is offered fully furnished and equipped—right down to the coffee makers.
The Investment: As a turnkey short-term rental business with a five-star rating on both AirBnB and VRBO, this property generated over $130,000 in 2024 at just 60% occupancy. Beyond rental income, the home’s rooftop solar array provides another revenue stream. In 2024, it provided nearly free electricity and generated an additional $4,000 in passive income through quarterly SREC payments from PEPCO. The five-star status, furnishings, and operations can convey, allowing you to earn from day one. This unique setup offers unparalleled "house-hacking" flexibility: live in the main house and rent the legal one-bedroom apartment, or reside in the apartment and maximize revenue by renting the larger home.
The Location: Perfectly situated at the top of Columbia Heights, you can walk to the Metro, shopping, and the vibrant 14th Street scene. Even closer are the fantastic neighborhood restaurants and pubs on 11th Street, just a block away.
1204 Irving St NW is a strategic asset that helps pay for itself. It is a smart move for any buyer looking to own a piece of D.C. that delivers both lifestyle and profit. Call Santiago to schedule a visit.