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2 Beds
1 Bath
618 sqft

$339,900

2401 H STREET NW Unit: 509, WASHINGTON DC, 20037

Price per sqft$550.00
Built in1960
Property size618 sqft
Property typeCondominium

Overview

Active

Active-bright

Listed Jun 12, 2026

Updated 7 days ago

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.

$2,261/mo

Est. mortgage payment based on a $339,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DCDC2267856

Interior Features

Bedrooms
2
Bathrooms
1
Heating
Yes
Basement
No

Other Property Details

Taxes
$2,256
Tax Frequency
Annually
Secondary Association Fee
$921
Secondary Association Fee Frequency
Monthly
55+/Senior Community
No
MLS provider logo

Listed by LPT Realty, LLC
Listing Contact: 2025563977 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 12:22 AM UTC

 

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