740 FAIRMONT ST NW #A, Washington, DC 20001
740 FAIRMONT ST NW #A, Washington, DC 20001
740 FAIRMONT ST NW #A, Washington, DC 20001
740 FAIRMONT ST NW #A, Washington, DC 20001
740 FAIRMONT ST NW #A, Washington, DC 20001
740 FAIRMONT ST NW #A, Washington, DC 20001
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Listed by Jack Shorb • Corcoran McEnearney
$ 725,000
Est. payment | /mo

3 Beds

3 Baths

1,379 SqFt


Save
$ 725,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,379 SqFt

Open House

Sun Aug 02, 12:00pm - 1:30pm

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 1,379 sqft

Price per Sqft $525

Subdivision Columbia Heights

MLS Listing ID DCDC2276058

Style Unit/Flat

Bedrooms 3

Full Baths 3

Condo Fees $330/mo

HOA Y/N N

Abv Grd Liv Area 891

Year Built 1995

Annual Tax Amount $5,664

Tax Year 2026

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

ATTENTION INVESTORS & HOUSE-HACKERS: Own and live in a luxury condo for half the price!

Welcome to this rare two-level, 3-bedroom, 3-bath condo, offering the flexibility to live as one spacious home or to live like two separate residences.

The main level includes two bedrooms, two full bathrooms, an open living area, kitchen, and private outdoor deck. The lower level is particularly self-contained, with its own living room, bedroom, full bathroom, kitchenette with refrigerator, dedicated HVAC system, stacked washer and dryer, and a private entrance. Enjoy the entire property as one home, reserve the lower level for family or guests, or live on one floor and rent the other.

THE NUMBERS BEHIND A SMARTER WAY TO OWN: A CONDO THAT PAYS FOR ITSELF

Rent the lower level for an estimated $2,000 per month and put that income toward your monthly ownership costs. Based on an illustrative financing scenario with 10% down, that rental income could offset nearly half of the projected principal-and-interest payment, reducing the effective monthly cost from more than $4,000 to just over $2,000. That is comparable to the monthly principal-and-interest cost of a home priced around $375,000, while owning a $725,000 property. Detailed rental scenario breakdowns are available upon request.

Beyond rental income, this versatile layout is also ideal for multigenerational living, an au pair or caregiver suite, roommates, a private guest suite, a separate home office or studio, or simply anyone who values additional privacy and separation within the home.

Ideally situated on a quiet, one-way residential street between the U Street Corridor and Columbia Heights, the home is approximately half a mile from both Metro stations and offers convenient access to Shaw, Howard University, Georgia Avenue, and the 14th Street corridor.

Everyday conveniences are close at hand, including Whole Foods on Florida Avenue and Target and Lidl at DC USA. Banneker Recreation Center is just a few blocks away, with an outdoor pool, running track, tennis and basketball courts, athletic field, playground, and other recreational facilities.

It is the best of both worlds: a calm, residential one-way street with some of D.C.'s most vibrant neighborhood corridors, shopping, dining, recreation, and transit nearby.

Location

State DC

County Washington

Zoning R

Rooms

Main Level Bedrooms 2

Interior

Interior Features 2nd Kitchen

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Laundry Main Floor, Lower Floor, Has Laundry, Dryer In Unit, Washer In Unit

Exterior

Amenities Available None

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 2

Unit Features Garden 1 - 4 Floors

Above Ground Finished SqFt 891

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include Water,Common Area Maintenance,Ext Bldg Maint,Reserve Funds

Senior Community No

Tax ID 2884//2037

Ownership Condominium

SqFt Source 1379

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Bright MLS (BMLS)

Go tour this home

740 FAIRMONT ST NW #A

Nearby Locations

Hailee Haven
Hailee Haven

Agent | License ID: 0225264032

+1(703) 851-8854 | info@thehavenhomegroup.com

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