
740 FAIRMONT ST NW #A Washington, DC 20001
3 Beds
3 Baths
1,379 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 1,379 sqft
Price per Sqft $506
Subdivision Columbia Heights
MLS Listing ID DCDC2281700
Style Unit/Flat
Bedrooms 3
Full Baths 3
Condo Fees $330/mo
HOA Y/N N
Abv Grd Liv Area 891
Year Built 1995
Annual Tax Amount $5,664
Tax Year 2026
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
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.
Location
State DC
County Washington
Zoning R
Rooms
Main Level Bedrooms 2
Interior
Interior Features 2nd Kitchen
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Main Floor, Lower Floor, Has Laundry, Dryer In Unit, Washer In Unit
Exterior
Amenities Available None
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Story 2
Unit Features Garden 1 - 4 Floors
Above Ground Finished SqFt 891
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Water,Common Area Maintenance,Ext Bldg Maint,Reserve Funds
Senior Community No
Tax ID 2884//2037
Ownership Condominium
SqFt Source 1379
Special Listing Condition Standard
Pets Allowed No Pet Restrictions

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