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Marjorie Dick Stuart

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605 P St Nw, WASHINGTON, DC – $2,900,000

  • $2.9M Price
  • 4,040 Sqft
  • ½ Acres
  • 54 DOM
  • $2.9M Price
  • 4,040 Sqft
  • ½ Acres
  • 54 DOM

605 P St Nw

This newly renovated 11-bedroom, 11.5-bathroom property is ideally located in the heart of Washington, DC, offering the best of both worlds – a vibrant atmosphere and unmatched convenience. Whether you're an experienced real estate investor or a first-time buyer looking to tap into the thriving Airbnb market, 605 P St NW presents a seamless investment opportunity. This property offers steady rental income and meets the Debt Service Coverage Ratio (DSCR), making it a smart and sustainable investment from the moment you take ownership. Currently operating as a highly successful Airbnb, this income-generating home is perfectly situated for both tourists and business travelers alike. Guests will enjoy the convenience of being surrounded by world-class restaurants, including Founding Farmers, Old Ebbitt Grill, and The Hamilton, all within walking distance. For groceries, Whole Foods Market and Trader Joe's are just a few blocks away, making shopping a breeze. The metro, bus stations, and major thoroughfares are easily accessible, allowing for a hassle-free commute to iconic attractions such as the National Mall, Smithsonian Museums, and Capitol Hill. Additionally, Reagan National Airport and the Washington Convention Center are just a short drive away, enhancing the property’s appeal for both short-term stays and extended visits. This fully furnished property is ready to start generating rental income immediately, offering a steady revenue stream from day one. The home comes fully equipped with high-quality fixtures and finishes, ensuring a luxurious and comfortable stay for guests. With a proven track record on Airbnb, it’s a truly turnkey property with the potential for excellent returns. This rare gem includes all furniture and fixtures, making it an even more attractive investment. From stylish living areas to fully equipped bedrooms, everything you need is already in place, allowing you to begin reaping the rewards immediately. Opportunities like this don’t come often. Properties of this caliber and potential are hard to find in today’s market. See what makes this property an incredible opportunity

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Essential Information

  • MLS® #DCDC2199946
  • Price$2,900,000
  • Bathrooms0.00
  • Square Footage4,040
  • Acres0.05
  • Year Built1900
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address605 P St Nw
  • SubdivisionSHAW
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20001

Amenities

  • ParkingPrivate

Utilities

Cable TV, Sewer Available, Electric Available, Natural Gas Available

Interior

  • HeatingCentral
  • CoolingCentral A/C
  • # of Stories3

Exterior

  • ExteriorBrick and Siding

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedMay 9th, 2025
  • Days on Market54
  • ZoningRF-1

Listing Details

Office

Keller Williams Capital Properties

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Price Change History for 605 P St Nw, WASHINGTON, DC (MLS® #DCDC2199946)

Date Details Price Change
Price Reduced (from $3,100,000) $2,900,000 $200,000 (6.45%)

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Listing information last updated on July 1st, 2025 at 3:30am CDT.