WELCOME TO DUPONT CIRCLE!
1731 Riggs Place offers the epitome of city living, with an unmatched location in the heart of Dupont Circle and a position on one of Dupont's prettiest streets. The townhouse is divided into three gorgeous units, including two one-bedroom units below and a breathtaking master suite with two bedrooms and one and a half bathrooms upstairs.
The lower units have each been creatively renovated with high-end finishes including hardwood floors, granite counters and a fireplace. Each unit, about 800 square feet, is a legal rental, currently bringing in almost $4,000 in total rent. Equivalent to about $800,000 in mortgage value, the rental income would easily offset a large portion of the purchase price. The master unit is almost 1,500 square feet on two levels. It features hardwood floors throughout, a fireplace in a grand living room with a southern bay window, and a huge dining room. The kitchen is chef-quality, with professional grade Jenn-Air appliances. There is a half-bathroom on the first floor too. Upstairs is a sumptuous master bedroom with the same gorgeous bay window. The bathroom features a double vanity and glass-enclosed shower. The second bedroom opens to a 250-sq ft roof terrace in the trees.
Interior Area Total: ~3,000
Lower Unit Area: ~750
Middle Unit Area: ~825
Master Unit Area: ~1,500 per MeasureComp.com
Estimated Potential Rental Income Total: $8,800
From Lower Unit: $1,900
From Middle Unit: $2,300
From Upper Unit: $4,200
From Parking: $200 per space 2-car parking in rear
2009 Taxes: $10,528
Zoning Code: R5B