2228 40TH STREET NW #2, WASHINGTON, DC 20007 - Michael Gillespie & CO Real Estate

$325,000

Skip the dorm fees and invest in ownership. This beautifully updated 1-bedroom, 1-bath condominium with a versatile sunroom offers a rare opportunity for students, parents, medical residents, professionals, and investors seeking an ideal location in one of Washington, DC's most desirable neighborhoods. The flexible sunroom functions perfectly as a home… Read More office, study area, guest space, den, or potential second sleeping area (NTC), giving this home exceptional adaptability and value. Nestled on a quiet, tree-lined street in Glover Park, this residence is just minutes from Georgetown University, American University, and MedStar Georgetown University Hospital. With the new academic year approaching, this property presents an attractive alternative to expensive dorm housing or short-term rentals, offering the opportunity to build equity while enjoying the convenience of city living. Whole Foods, Trader Joe's, neighborhood cafe9;s, restaurants, parks, and everyday essentials are all within easy reach. Inside, you'll find a bright and welcoming floor plan featuring hardwood oak floors, Cambria quartz countertops, recessed lighting throughout, an in-unit washer and dryer, and a high-efficiency Navien tankless water heater that provides endless hot water. Two new Friedrich Wi-Fi-enabled air conditioning units offer year-round comfort with convenient remote control access. Enjoy your own private deck, the perfect spot for morning coffee, outdoor dining, or unwinding after a long day. Residents also have access to a beautifully landscaped shared terrace and garden featuring a fire pit, picnic area, and inviting outdoor spaces for entertaining or quiet relaxation. Additional highlights include a reserved off-street parking space, low condo fees, and a cat-friendly community. Outdoor enthusiasts will love being just steps from Glover-Archbold Park, with miles of scenic trails, wooded paths, streams, and community gardens. Seasonal beauty surrounds the home, from vibrant autumn colors to the stunning spring blossoms of the property's weeping cherry tree. Distinctive neighborhood touches include the sounds of the National Cathedral bells and the evening trumpet call from the nearby U.S. Naval Observatory. What truly distinguishes this property is its exceptional long-term value and rental appeal. The flexible layout and proximity to major universities, hospitals, and employment centers create strong demand from students, faculty, medical professionals, and renters alike. Whether you're purchasing for a student, seeking a peaceful city retreat, buying your first home, downsizing, or expanding your investment portfolio, this versatile Glover Park residence offers a unique combination of lifestyle, location, and opportunity. Read Less

Courtesy of Tracy A Trammel, Metro City Realty 240-993-9888

Listing Snapshot

Days Online

Last Updated

Aug 1, 2026

Property Type

Condominium

Beds

Full Baths

Square Ft.

701

Year Built

1930

MLS Number

DCDC2274236

Additional Details

Appliances & Equipment

Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Instant Hot Water, Refrigerator, Stainless Steel Appliances, Stove, Washer/Dryer Stacked, Water Heater - Tankless

Building

Built in 1930, Built in 2025 (effective), Living area: 701, Levels: 1, Entry level: 1, Construction Materials: Brick

Cooling

Wall Unit

Doors

Six Panel

Accessibility Features

Accessible Switches/Outlets, Doors - Swing In

Exterior Features

Patio/Porch Features: Porch(es), Terrace, Exterior Lighting, Sidewalks

Floors

Engineered Wood, Ceramic Tile

Heating

Radiator

Home Owner's Association

Fee Includes: Water, Snow Removal, Amenities: Common Grounds, Reserved/Assigned Parking

Interior Features

Bathroom - Walk-In Shower

Pets Policy

Allowed: Cats OK

Property

Other structures: Above Grade, Below Grade

Security Features

Carbon Monoxide Detector(s), Resident Manager, Smoke Detector, Main Entrance Lock

Sewer

Public Sewer

Taxes

Annual Amount: $2,130, Lot: 2010, Year: 2025, Zoning: CONDO

Utilities

Water Source: Public

Windows

Energy Efficient, Skylights

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