84 P St Nw, Washington, DC 20001

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
84 P St Nw,Washington, DC 20001
$1,695,000
  • - Beds
  • - Baths
  • 4,723 sq. ft.
  • Multi-family
  • Pending
Listed by: lorenzo m wooten jr.
Office: marcus & millichap real estate
MLS#:DCDC2196744
Source:BRIGHTMLS

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$358.88

About this home

The Hermosa at 84 P Street NW, a newly constructed, rent control-exempt luxury duplex located in the thriving Truxton Circle neighborhood of Washington, D.C. Built in 2019, this gem features a total of 4,723 rentable square feet across two expansive 4-bedroom, 4.5-bathroom units. The building also features private balconies, patios, a rooftop deck and rear, gated, parking spaces. Positioned on a 0.04-acre parcel and zoned RF-1, The Hermosa offers investors the rare opportunity to acquire a low-maintenance, stabilized asset delivering a Year 1 Cap Rate of 7.61%. This is achievable with rent increases of approximately 15%. Priced approximately 35% below market, on a price per square foot basis, this opportunity should be considered by both investors and owner-users. The building is separately metered for electricity and features in-unit washer/dryers, water bill-back structured leases, and energy-efficient HVAC systems with no Capital Improvement needs in the near future. Centrally

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Home facts

  • Year built:2019
  • Listing ID #:DCDC2196744
  • Added:252 day(s) ago
  • Updated:December 31, 2025 at 08:44 AM

Rooms and interior

  • Living area:4,723 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Programmable Thermostat
  • Heating:Central, Electric

Structure and exterior

  • Year built:2019
  • Building area:4,723 sq. ft.
  • Lot area:0.04 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$358.88
  • Tax amount:$1,962,590 (2024)

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