2940 Bellevue Ter Nw, Washington, DC 20016

Property Description

Welcome to 2940 Bellevue Terrace NW, a beautifully updated 5-bedroom, 3.5-bath home offering approximately 3,000 sq. ft. of living space. The first floor was extensively renovated in 2024–2025 with new wood flooring and sound-insulating underlayment, plus a fully renovated kitchen featuring Poggenpohl cabinetry, Miele appliances, a Sub-Zero refrigerator, built-in Miele coffee system, a beautiful waterfall-edge stone island, and an integrated under-counter wine refrigerator. The fully finished lower level, renovated in 2024, includes a private 1-bedroom, 1-bath apartment with a separate entrance, kitchenette, skylight, its own dedicated washer/dryer, and its own new heating and cooling system with mini-splits. It is rented on short-term leases, averages approximately $2,400 per month in rental income, and has maintained very strong occupancy. It can also be easily converted into a comfortable in-law suite. Additional features include two driveway parking spaces, improved landscaping, and a fully owned 8.61 kW solar-panel system installed in 2025. The system significantly reduces electricity costs and is expected to generate approximately 9–10 SRECs per year, representing approximately $3,000–$3,300 in annual income at current SREC prices. SREC rights are negotiated separately and are not automatically included in the sale. Conveniently located near Rock Creek Park, Washington National Cathedral, Cathedral Commons, Wisconsin Avenue, and Massachusetts Avenue, with easy access to Georgetown, Cleveland Park, Glover Park, and downtown DC.