32 Bates Street NW

Description

In a neighborhood where many buyers are choosing between individual condos, 32 Bates Street NW offers something far more compelling: the entire building. This updated two-unit property features- Unit B on the main/walkout level and Unit A on the upper level, with each residence offering 2 bedrooms, 1 full bath, hardwood floors, stainless steel appliances, washer/dryer, central air, and comfortable living space. Both units also include interior stair access to their own section of the full basement, each with an additional half bath, creating useful separation, storage, and future flexibility. Updated within the last five years and maintained in good condition, this is a rare D.C. opportunity with both immediate usability and long-term upside.The investment story is just as strong as the lifestyle story. Live in one unit and rent the other, lease both, or hold the property as a well-positioned multifamily asset in one of the city’s most consistently desirable rental corridors. One unit is projected to rent for approximately $2,000 per month, offering meaningful income potential from day one. Additional upgrades or capital improvements to the property similar to the featured images could demand a huge increase in rents. A private backyard adds valuable outdoor space, while the rear of the property may also offer potential for off-street parking, similar to other nearby properties. With two updated residences, divided basement access, central air, in-unit laundry, and flexible use options, this building is designed for the buyer who understands that the best real estate decisions often serve more than one purpose.The location is the closer. From Bates Street, you are within walking distance to Shaw-Howard University Metro on the Green/Yellow Line, approximately 0.4 miles away, and NoMa-Gallaudet U/New York Ave Metro on the Red Line, approximately 0.6 miles away, with Metrobus access just steps away for easy movement throughout downtown D.C. Everyday convenience is all around you, with Trader Joe’s, Harris Teeter, Giant Food, Uncle Chip’s, Big Bear Cafe, DC Smokehouse, Pub & the People, Union Market, the Farmers Market, Domestique Wine Shop, restaurants, shops, cafés, and neighborhood essentials all nearby. Close to the U Street Corridor, H Street NE, Union Station, Shaw, NoMa, Bloomingdale, and downtown Washington, and near educational institutions including Mundo Verde Bilingual Public Charter School, Dunbar High School, and Howard University, this is more than a duplex — it is a whole-building opportunity in the heart of a location people continue to seek out, rent in, and invest in. To help visualize the potential, select images include virtual staging and renovation inspiration concepts. These renderings are for illustrative purposes only and do not represent the current condition of the home.