301 Massachusetts Ave NW #406

Washington, DC 20001

$369,750

Property Highlights

  • Mount Vernon Triangle Location
  • Garage Parking Included
  • HOA Covers Utilities
  • 2006 Built Loft Building
  • 483 Sq Ft Efficient Layout
  • Near Gallery Place Metro
MLS ID
DCDC2002928
Parking
1 Garage Space
Year Built
2006
HOA Fee

Property Details

Price: $369,750

1 Bed

1 Bath

483 Sq Ft

1 Garage Space

Year Built: 2006

Price: $369,750

1 Bed

1 Bath

483 Sq Ft

Parking: 1 Garage Space

Year Built: 2006

Executive Summary

Unit 406 at The Madrigal Lofts offers a compact, efficiently designed one-bedroom residence in one of NW DC’s most transit-connected corridors. Built in 2006, the building delivers a loft-influenced aesthetic with practical advantages: an assigned garage parking space, HOA coverage of gas, water, sewer, trash, and more, and a location within easy reach of Gallery Place-Chinatown and Mount Vernon Square Metro stations. At $369,750, this residence presents a straightforward entry point into a well-established downtown-adjacent neighborhood.

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301 Massachusetts Ave NW #406

Loft-Style Living in Mount Vernon Triangle

The Madrigal Lofts is a 2006-built condominium building situated along Massachusetts Avenue NW in Mount Vernon Triangle, one of DC’s most centrally positioned neighborhoods. Unit 406 is a one-bedroom, one-bath residence spanning 483 square feet, designed with the loft-influenced character that defines the building’s architectural identity.

An assigned garage parking space conveys with the unit — a meaningful inclusion in a neighborhood where street parking is consistently limited. The HOA structure covers gas, water, sewer, trash, snow removal, exterior building maintenance, and management, reducing the variable monthly costs a buyer would otherwise carry.

Mount Vernon Triangle sits at the intersection of several of DC’s most active corridors, with Gallery Place-Chinatown and Mount Vernon Square Metro stations both within close walking distance. The neighborhood’s Massachusetts Avenue address places residents near the Penn Quarter dining and cultural district, downtown office corridors, and the broader NW grid.

For a buyer seeking a low-maintenance, transit-accessible residence with garage parking in a well-located NW DC building, Unit 406 at The Madrigal Lofts offers a clear and practical case.

The Building
The Madrigal Lofts was completed in 2006 and occupies a prominent position on Massachusetts Avenue NW in Mount Vernon Triangle. The building’s loft-influenced design gives units an architectural character that distinguishes them from more conventional DC condominium stock of the same era.
Parking and HOA
An assigned garage parking space is included with Unit 406 — a practical asset in a dense urban neighborhood. The HOA covers gas, water, sewer, trash, snow removal, exterior maintenance, and building management, consolidating many of the costs that variable utility billing would otherwise introduce.
Neighborhood Position
Mount Vernon Triangle NW sits within walking distance of Gallery Place-Chinatown and Mount Vernon Square Metro stations, connecting residents to the Red, Yellow, and Green lines. The Penn Quarter and downtown DC office and cultural districts are immediately accessible on foot.
The Opportunity
Unit 406 is priced at $369,750 and offers a straightforward ownership profile: garage parking, comprehensive HOA coverage, and a central NW DC address in a building with established management. For buyers prioritizing transit access and low-maintenance urban living, this residence warrants close consideration.

Residence at a Glance

  • 1 Bedroom / 1 Bath
  • 483 Square Feet
  • 1 Assigned Garage Space
  • HOA Covers Gas Water Sewer Trash and More
  • Built 2006
  • Mount Vernon Triangle NW
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Information believed accurate but not guaranteed. Buyers should independently verify all material facts including HOA fees and building rules.
Unit 406 — The Madrigal Lofts

Efficient Design with Practical Advantages

Unit 406 at The Madrigal Lofts combines a loft-influenced one-bedroom layout with a comprehensive HOA structure and an included garage parking space. At 483 square feet, the residence is designed for efficient urban living in a well-located NW DC building.

Interior and Layout

  • One-bedroom one-bath layout spanning 483 square feet
  • Loft-influenced architectural character consistent with building design
  • 2006 construction with established building systems
  • Fourth-floor unit position

Kitchen

  • Kitchen configured within the open loft-style floor plan
  • Layout supports efficient use of the available square footage

Primary Bedroom and Bath

  • One full bath serving the primary bedroom
  • Bedroom proportioned for the building's loft-style unit configuration

Parking and Building

  • One assigned garage parking space included with the unit
  • Covered parking in a neighborhood where street parking is limited
  • Building exterior and common areas maintained through HOA

What Sets This Apart

  • Garage parking included — rare value in dense downtown NW DC
  • HOA covers gas water sewer and trash reducing variable monthly costs
  • Walking distance to two Metro stations on three lines
  • Massachusetts Avenue NW address in an established 2006 building
  • Comprehensive HOA structure simplifies ownership responsibilities
Discuss this residence
Information believed accurate but not guaranteed; buyers should independently verify all material facts including HOA fees and inclusions.

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Transit and Commuting
  • Gallery Place-Chinatown Metro nearby (Red Yellow Green lines)
  • Mount Vernon Square Metro within walking distance
  • Massachusetts Avenue NW bus corridor
  • Central NW DC location reduces commute distance to most downtown offices
  • Garage parking included for vehicle owners
Dining and Coffee
  • Penn Quarter dining district accessible on foot
  • Chinatown corridor restaurants and cafes nearby
  • Neighborhood coffee shops along Massachusetts Avenue NW
  • Broad range of cuisine options within the immediate area
Groceries and Errands
  • Neighborhood grocery options within walking distance
  • Pharmacy and convenience retail nearby
  • Dry cleaning and personal services in the surrounding blocks
  • Downtown DC retail corridors accessible on foot or by Metro
Parks and Recreation
  • Mount Vernon Square park and open space nearby
  • National Mall accessible via short Metro or walking trip
  • Neighborhood green spaces along Massachusetts Avenue NW
  • Recreation and fitness options in the broader Penn Quarter and downtown area

Property Location

About 301 Massachusetts Ave NW #406

The Madrigal Lofts is a condominium building completed in 2006 on Massachusetts Avenue NW, bringing a loft-influenced design sensibility to the Mount Vernon Triangle neighborhood. Unit 406 is a one-bedroom, one-bath residence of 483 square feet, configured to make efficient use of its footprint. The building’s HOA structure is notably comprehensive, covering gas, water, sewer, trash, snow removal, exterior maintenance, lawn maintenance, insurance, and management fees.

Mount Vernon Triangle occupies a central position in NW DC, bounded by the Penn Quarter to the west and NoMa to the north. Massachusetts Avenue NW is one of the neighborhood’s primary corridors, placing residents within easy reach of downtown office districts, cultural institutions, and a broad range of dining options. Gallery Place-Chinatown and Mount Vernon Square Metro stations are both a short walk from the building, providing access to the Red, Yellow, and Green lines.

Day-to-day life at The Madrigal Lofts is shaped by the density and walkability of its surroundings. Local cafes, grocery options, and restaurants serving a range of cuisines are accessible on foot, and the broader Penn Quarter and Chinatown districts expand those options considerably. The included garage parking space adds a layer of flexibility for residents who own a vehicle, while the Metro proximity makes car-free commuting entirely practical.

A Wardman team member and the Wardman Residential team at Compass have worked extensively with buyers and sellers in Mount Vernon Triangle and the surrounding downtown NW DC condominium market. We understand the nuances of buildings like The Madrigal Lofts — HOA structure, resale dynamics, and how this submarket compares to adjacent neighborhoods like Penn Quarter and NoMa. If you are considering a condo in this corridor, we would be glad to share recent comparable sales and our perspective on the current market.

Frequently Asked Questions About This Property

Key details about the residence, building, and location to help you evaluate this opportunity.

The HOA at The Madrigal Lofts covers gas, water, sewer, trash, snow removal, exterior building maintenance, lawn maintenance, building insurance, management, and the parking fee associated with the garage space. This is a notably comprehensive structure that consolidates many costs a buyer would otherwise pay separately. Buyers should confirm the current monthly fee amount directly, as it was not provided in the listing data.
Yes. One assigned garage parking space conveys with Unit 406. Covered, assigned garage parking is a meaningful asset in Mount Vernon Triangle, where street parking is consistently limited due to the neighborhood’s density and proximity to downtown DC.
Gallery Place-Chinatown and Mount Vernon Square are both within walking distance of 301 Massachusetts Ave NW. Gallery Place-Chinatown serves the Red, Yellow, and Green lines, making it one of the most transfer-efficient stations in the DC system. Mount Vernon Square serves the Yellow and Green lines.
At $369,750 for 483 square feet, Unit 406 is priced at approximately $765 per square foot. That figure should be evaluated in the context of the included garage parking space and the comprehensive HOA coverage, both of which affect the effective cost of ownership relative to comparable units without those inclusions.
The Madrigal Lofts is located in Mount Vernon Triangle, a centrally positioned NW DC neighborhood bordered by Penn Quarter to the west and NoMa to the north. The Massachusetts Avenue NW address places residents within easy reach of downtown office corridors, cultural institutions, and the Penn Quarter dining district.
The Madrigal Lofts was built in 2006, placing it in a cohort of mid-2000s DC condominium buildings with nearly two decades of operational history. Buyers should review the building’s reserve study, HOA financial statements, and any recent or planned capital improvements as part of their due diligence process.
The ownership profile at Unit 406 is structured for low-maintenance living. The HOA covers exterior maintenance, utilities including gas and water, trash, snow removal, and management, which reduces the day-to-day responsibilities a buyer would otherwise carry. The included garage parking and walkable Metro access further reduce the logistical demands of urban ownership.
The Wardman Residential team at Compass has worked extensively in the Mount Vernon Triangle and downtown NW DC condominium market. We can provide recent comparable sales for The Madrigal Lofts and similar buildings in the corridor, and help you assess how this residence compares to other options at this price point. Reach out to start the conversation.

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