1507 MARION STREET NW

$1,150,000  |  1507 MARION STREET NW, WASHINGTON, DC 20001

Lovely & totally renovated 3-level semi-detached Federal on everyone's favorite block, seconds from Shaw attractions! Legal 2-unit (amazing rental income...see below details) offers flexible living scenarios. Main residence with soaring ceilings, large windows, original refinished wood floors & pocket doors, sep living & dining areas, sexy eat-in, light-filled kitchen with exposed brick FP, zebra tile floor, built-ins, black honed granite counters, custom cabinetry, & stainless appliances. Upstairs has 3 legit bedrooms including en suite, front-facing primary with good closets. And private deck off back - ideal for morning coffee or entertaining. The FULLY SEPARATE (C of O) lower residence with its own entrance & sep electric has 744SF of fully renovated space - features exposed brick wall & FP in living area with eastern-facing windows, updated kitchen with granite counters & stainless appliances, plentiful cabinets. Rear BR with exposed brick wall, closet, 2 above-grade windows & glass door. Updated bath, W/D, closets & more! All this and on charming Marion Street, close to Michelin-starred restaurants, grocers, coffeeshops & stores - minutes from the Convention Center, 2 Metro stops, and U & 14th Street nightlife. Rental income: seller has reported consistent, above-market for 15+ years with PRE-renovation annual NOI of $64,200 and cap rate of 6.5%. Note: CORRECT total finished SF on all 3 levels: 2,232SF