1 month on rocket

705 Kenyon St NW, Washington, DC, 20010

$1,295,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
2,675 SqFt
$484/SqFt
Townhouse
Schools Nearby

Location

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705 Kenyon St NW, Washington$1,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingNone
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #DCDC2132944
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 705 Kenyon St NW

Welcome to your cash-flowing oasis in the heart of a vibrant mixed-use neighborhood! This versatile multi-family property, located in the coveted Mixed-Use zone (NMU-4GA), offers endless possibilities for investors and entrepreneurs alike. With a total gross revenue of $141,000 in 2023, this property boasts a proven track record of profitability. Comprising of 2 - 3 bedroom, 2 bathroom units and 1 - 2 bedroom, 2-bathroom unit. The current owner has invested in all the furniture, necessary tools and systems that make this property a hassle-free turn-key short-term rental. Operating expenses are kept impressively low at just $25,000, maximizing your net income potential. Plus, with the option to build an additional level, the sky's the limit when it comes to expanding the rental income. For those looking to tap into the lucrative short-term rental market, this property is a goldmine. In 2023 alone, it was booked for a total of 257 nights, boasting an impressive average occupancy rate of 77% during peak travel seasons from March through August. Garnering an average review rating of 4.73% on Airbnb, this property is a favorite among discerning travelers seeking a home-away-from-home experience in Washington D.C. Whether you're interested in multi-family living, short-term rentals, or exploring the retail and office potential of this mixed-use zone, this property offers unparalleled flexibility and opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1950
  • Stories: 3
  • Living Area: 2,675 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Jason S Cohen

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Cardozo Education Campus, Public District Grades 9-12
  • Columbia Heights Education Campus, Public Magnet Grades 6-8
  • Tubman Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: 705 Kenyon

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,295,000
  • Price Per SqFt: $484/SqFt

Tax Information:

  • Annual Amount: $3,871
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$654.1K

Med. Price/SqFt

$511

Avg. Days On Market

37

# of Sold Homes

420

705 Kenyon St NW vs Washington

41 DAYS ON ROCKET

+4 Days

$1,295,000

+$640.8K More

$484/SqFt

-$27 Less

KEY TAKEAWAY

This property is $640.8K more than the Median Sold Price and $27/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2132944

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Jason S Cohen

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 01, 2013Home Sold
$525,000
Feb 11, 2013Home Sold
$350,000
Feb 11, 2013Home Sold
$1,320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,871$724,240
2019$3,525$704,230
2018$3,217$680,330
2017$2,931$643,270

History based on county public records data.

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$6,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,949

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2257675
4
/10

  • Tubman Elementary School

  • 3101 13th St NW

  • 0.33 miles

  • Public District Grades EE-5

Middle School

school-card-donut-2257676
7
/10

  • Columbia Heights Education Campus

  • 3101 16th St NW

  • 0.63 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2257677
3
/10

  • Cardozo Education Campus

  • 1200 Clifton St NW

  • 0.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,342. Typical income of Washington, DC residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Kenyon St NW

What is the listing price of this property?

The listing price of 705 Kenyon St NW property is $1,295,000.

What type of property is this?

The property 705 Kenyon St NW is a townhouse located in Washington, District of Columbia, 20010.

Is this property for sale now?

Active Listing: 705 Kenyon St NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 705 Kenyon St NW are:
Tubman Elementary School: GreatSchools Rating 4/10
Columbia Heights Education Campus: GreatSchools Rating 7/10
Cardozo Education Campus: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,871 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 1, 2013 for $525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 Kenyon St NW has 8 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 705 Kenyon St NW is 2,675 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Kenyon St NW is 1950.

Rocket Homes›District of Columbia›Washington›20010›705 Kenyon St NW

This home is located at 705 Kenyon St NW in Washington, DC and zip code 20010 in the Park View neighborhood. This 2,675 square foot home, which was built in 1950, sits on a 0.03 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $1,295,000.

Washington, DC housing market in March 2024 saw over 124 listings sold above listed price, more than 119 sold at listed price and over 177 sold below. The inventory of homes for sale in Washington, DC between February 2024 and March 2024 increased by 6.8%. While the average time on the market in March 2024 was 37 days, the median list price was $654,103.

From Rocket Homes Real Estate and based on county public records data.

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