H Street NE: The Hip Neighborhood of D.C.
H Street NE is a 1.5 mile stretch in the northeastern part of Washington, D.C. It has recently become a popular neighborhood renowned for its vibrant nightlife, art, restaurants, and festivals. Prior to its booming popularity, H Street NE suffered greatly in 1968 from destructive riots following the assassination of Dr. Martin Luther King Junior. With government aid and community support, the neighborhood was revived in 2002.
The annual H Street Festival in this neighborhood has become a source of attraction for all of D.C. The great food, musical performances and cultural entertainment associated with this festival continue to attract significant crowds each year. On any other day, visitors and residents enjoy live music performances, crafty cocktails, and dancing destinations with others enjoying this vibrant part of the city. To make it easily accessible from other parts of D.C., a streetcar system was built in 2016 to allow public transport into the neighborhood, closely linking commuters from the highly-utilized Union Station.
H Street NE is one of the best neighborhoods to invest in property if you are looking for a decent rental income. H Street NE rentals are one of the highest in Washington, D.C. with rental rates averaging $2,176. The median home value is $667,501, so it comes as no surprise that most homeowners have rented out their homes. To make the most of your rental income property, contact experienced H Street NE property management company.
If you are planning to buy a property in this neighborhood, consider services with Washington DC property management company. Property management DC can help you enjoy passive income from your rental or buying investments.