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MLS: #DCDC2281700, Listed By: John Shorb, Corcoran McEnearney, Source:Bright MLS

740 Fairmont Street #A

WASHINGTON, DC 20001
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Bed 3

Bed

Bath 3

Bath

SqFt1,379

Sqft

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.

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Detail Ic Property Details

Property Type : Residential

Price : $675,000

AD Id : 91164836

MLS Id : DCDC2281700

Beds : 3

Living Area Size : 1,379 Sq. Ft

Tax Amount : $5,664

Year Built : 1995

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Interior Features

    Appliances: Electric Water Heater, Washer, Dryer Laundry Features: Washer Hookup, Main Level, Lower Level
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1995 Building Area Total: 1379 Construction Materials: Brick Pool Features: None Private Pool: No

  • Property Information

    Subdivision: COLUMBIA HEIGHTS Source Property Type: Residential Property SubType: Condominium Levels: Two Property Age: 31

  • Listing Price Information

    Listing Price: $675000

  • Tax Information

    Parcel Number: 2884//2037 Tax Lot: 2037 Tax Year: 2026 Annual Tax: $5664

  • Parking Information

    On Street

    Garage Information

    Pets Allowed: Yes
    Homeowners Association Information
    Included Fees: Water, Maintenance Structure Association Amenities: None

  • Location Information

    Direction: Please use google maps or waze. WaterSource: Public
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ByOwner last updated this listing 10/09/2026 @ 06:01

MLS: DCDC2281700 LISTED BY: John Shorb, Corcoran McEnearney 202-552-5600 SOURCE: Bright MLS

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