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122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
122 BATES STREET NW
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$900,000

122 BATES STREET NW

4 Beds 1,772 Sq.Ft. 1,710 Sq.Ft.

Description

Own a beautifully renovated DC property where your tenant helps pay your mortgage. This exceptional multi-family residence offers a rare opportunity to live in one fully updated apartment while renting the other -- dramatically reducing your monthly housing costs and, in many cases, making ownership far more affordable than renting a comparable home in the neighborhood. Instead of paying rent to a landlord, you can build equity while generating steady income from the second unit.

The building features two thoughtfully updated apartments with a total of four light-filled bedrooms and two well-appointed bathrooms across approximately 1,800 square feet of flexible living space. Both kitchens have just been fully renovated with stylish new cabinetry, stone/granite countertops, and modern finishes, creating turnkey spaces that are equally appealing to homeowners and tenants alike. The generous layouts provide comfortable, functional living environments with well-proportioned bedrooms and inviting common areas.

For investors, the property also offers strong dual-rental potential in a high-demand location. For owner-occupants, it delivers the ideal blend of lifestyle and smart financial strategy -- enjoy the privacy of your own home while significantly offsetting your expenses with rental income next door.

Located near two Metro stations, the property provides convenient access to downtown and beyond, along with neighborhood favorites like Big Bear Cafe and a vibrant local dining scene. The strong location enhances both quality of life and long-term rental appeal.

The spacious backyard, while not currently optimized, offers future potential for private parking similar to neighboring properties -- adding yet another avenue for value enhancement.

This is a compelling opportunity to own a renovated, income-producing property in the heart of Washington, DC -- combining immediate livability with long-term financial upside.

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Location

122 BATES STREET NW, WASHINGTON, DC 20001

Status

For Sale

Property Amenities

Interior
Appliances Gas Water Heater
Flooring Hardwood, Carpet
Total Bedrooms: 4
Other Interior Features Eat-in Kitchen, Ceiling Fan(s), Soaking Tub
Area & Lot
Total area 1,772 Sq.Ft.
Lot Area 1,710 Sq.Ft.
Living area 1,772 Sq.Ft.
MLS® ID DCDC2241424
Year Built 1914
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
View Description City,Trees/Woods,Street
Architecture Styles Federal
Type Multi-Family
Status For Sale
Exterior
Pool None
Air conditioning Central Air, Ceiling Fan(s), Electric
Heat type Natural Gas, Forced Air
Water Source Public
Security Features Fire Escape
Sewer Public Sewer
Other Exterior Features Lighting, Rain Gutters
Parking Unpaved, Other
Finance
Sales Price $900,000
Real Estate Tax $6,817 yearly
Jennifer Knoll

Jennifer Knoll

TITLE

Executive Vice President

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Thank you for your interest in 122 BATES STREET NW, WASHINGTON, DC 20001. We are reviewing your request and will be in touch shortly!

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Washington, DC

38.9072° N, 77.0369° W

Work With Jennifer

With notable industry knowledge and neighborhood expertise honed over 25 years living in the region, Jennifer works with buyers, sellers, and investors at every skill level in the DMV.