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2401 H St NW Unit 509 , Washington, DC 20037
$339,900
Est. Payment: $1,885.87/mo
2 Bed
1 Bath
618 Sqft
Status: active | Days on site: 141
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LPT7 - 3316760
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House Description

Turn-key, high-yield investor opportunity in the absolute heart of Downtown Washington, D.C. This premium two-bedroom, one-bathroom condominium offers immediate, guaranteed cash flow with a reliable tenant in place through July 2027 paying $3,400 per month. New owners will earn $40,800 in guaranteed gross rent during their very first year of ownership with the existing tenancy conveying seamlessly at settlement. This unit represents a lucrative, hands-off investment with massive built-in upside, as the current rent is heavily underpriced for the immediate area. The clear path to future equity is fully documented, as a listing agent has recently leased neighboring units 809, 715, 306, 805, 703, and 702 for $3,850 per month each, with full rent rolls readily available for investor verification. Inside, the condo features stylish, light-filled interior assets that appeal to high-quality renters. The kitchen was recently renovated and comes fully equipped with premium stainless-steel appliances and sleek, modern cabinetry. Timeless character runs throughout the main living spaces, highlighted by beautiful original parquet flooring. The bathroom is clean, crisp, and exceptionally light-filled. Both spacious bedrooms boast massive, wall-to-wall wide windows that flood the rooms with natural light and offer vibrant city street views. The building boasts an unbeatable, premium location that ensures an endless stream of institutional and professional tenants. It sits just half a block from the Foggy Bottom Metro Station, granting instant access to the Blue, Orange, and Silver lines. It is also uniquely positioned on the very same block as George Washington University's Amsterdam Hall, and just two blocks from the GW Science and Engineering Building and Whole Foods. Residents can enjoy an effortless walk to the U.S. State Department, the IMF, the World Bank, Trader Joe's, and the GW Law School. Best of all, this prime real estate is located only half a mile from the White House and the iconic National Mall, making it a rare and unbeatable addition to any real estate portfolio.

Highlights

Listed by Vishal Gathani , 2025563977 LPT Realty, LLC , 8773662213. Bright MLS

Property Type

Condo

Year Built

1960

County

Washington

Neighborhood

Foggy Bottom

School District

District Of Columbia Public Schools

Listing ID

DCDC2267856

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator
Air Cond:Convector
Fireplaces:
Above Ground Sq Ft:618
Other:
  • ▪ Main Floor Bedrooms:2
Water:Community,Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:017 - Residential-Condominium (Vertical)
Others:
  • ▪ Additional:Concierge, Elevator, Laundry Facilities, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Electricity, Gas, Management, Pest Control, Sewer, Snow Removal, Trash, Water, Taxes
Sewer:Public Septic,Public Sewer
Principal Interest
$1,886
Taxes
$188

Home Price

$339,900

Loan Details

30 yrs
7.417%

Down Payment

20%
$67,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,885.87

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,885.87 $188.01 $921.00 $2,994.89
Yearly $22,630.48 $2,256.16 $11,052.00 $35,938.64
Total $678,914.52 $67,684.80 $331,560.00 $1,078,159.32
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS