Under contract

ACTIVE UNDER CONTRACT

1829 E Capitol St SE

Washington DC, 20003

$849,900


$314.78 per sqft

Under contract

ACTIVE UNDER CONTRACT

2 Beds

2,700 sqft

Multi-family

Built in 1977

Welcome to this captivating, cash-producing, two-unit row home nestled in the vibrant heart of Hill East. This property offers a rare opportunity for both homeowners and investors to own a multi-unit building with a pristine position and tremendous potential. Each unit can be rented out, offering incredible flexibility and income-generating potential for the owner or owner-occupant. The upper unit features a spacious and sun-drenched three-bedroom, two-and-a-half-bathroom layout. Original details, such as warm hardwood floors and a charming wood-burning fireplace, add touches of classic elegance. Currently tenanted, the rent from this unit offsets almost $400,000 of the mortgage, which is ideal if you want to live in the ground floor unit. If you choose to live upstairs, rent the lower level as a long or short-term income producer, with its large windows, spacious bedroom, full bathroom, and open kitchen. Both units feature large living spaces, sensational storage, and their own stacked washer and dryer. Additional features include off-street parking for two cars and a deep backyard, ideal for gatherings, barbecues, and urban gardening. Situated in the desirable Hill East neighborhood, this property perfectly blends urban living with neighborhood charm. Enjoy peaceful strolls through the nearby Historic Congressional Cemetery, a haven for leisurely walks, canine companionship, and community events. The local dining scene is vibrant, with delicious options like the newly opened Sala Thai, Duffy's Irish Bar, and the neighborhood favorite, The Roost. For outdoor enthusiasts, the Anacostia bike trails and RFK Fields are just a short ride away. With the Stadium-Armory Metro station less than a block away, and access to 295 a mere 1 mile east, commuting couldn't be easier. Priced well below taxable value (a true rarity in DC) at an amazing $314/sf, you'll be hard-pressed to find a better value in the city. Don't miss out on this incredible opportunity to own a multi-unit building with endless income-generating options. This property is a perfect blend of comfort, convenience, cash flow, and community, just waiting for you to make it your own.

DCDC2152252

MLS ID

July 27, 2024

Listed

October 15, 2024

Updated

Map

1829 E Capitol St SE
Washington DC, 20003

Interior Features

Bedrooms

2


Interior Features

Wood


Appliances

Dishwasher, Refrigerator, Electric Oven, Electric Range, Washer


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.05 Acres


Architectual Style

Federal


Sewer

Public Sewer

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS


High School

EASTERN


Elementary School

PAYNE

Other Property Details

Taxes

$9,584


Tax Frequency

Annually


Days on Market

27


Garage

No


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listing History

Date

Event

Price

8/22/2024

Under contract

Listed by Keller Williams Capital Properties
Listing Contact: 2027258983 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/15/2024 at 2:22 PM UTC

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