1516 Pennsylvania Ave Se, Washington, DC 20003

$860,000
3
BD
4
BA
2,008
SqFt

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Sold Price
$860,000
List Price
$850,000
Closing Date
Sep 16, 2024
Days on Market
37
Status
CLOSED
MLS#
DCDC2152402
Bedrooms
3
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
2,008
Lot Size (Acres)
0.03
Style
Traditional
Year Built
1979
County
Washington
School District
District Of Columbia Public Schools

Property Description

Fantastic opportunity to own a beautiful row home on Capitol Hill while earning rental income. Situated moments from the Potomac Avenue Metro Station, the home features two separately metered units, either or both of which can be rented for income purposes. Heading upstairs, you will find a nice size "owner's suite" that features a gracious sized living area,with brand new carpet (hardwood under) and fireplace, a large dining room for entertaining, an updated kitchen and powder room. The upper level of this unit has two large bedrooms, one with an ensuite bath, and a full hall bath for the other. The lower, traditionally considered income unit, has a charming open gourmet kitchen, nice size living area with fireplace, large bedroom and upgraded bath and the entire unit has luxury vinyl plank flooring. The home features a 1 car parking driveway and the exterior rear features a private patio with a new 6 foot privacy fence and lots of entertaining space. With its ideal Capitol Hill location, the home is minutes to shopping, restaurants, grocery, retail, metro and various commuter routes. As an investment opportunity, each unit offers the potential for excellent returns. The new owner could choose to rent out both units for a steady income or live in the upstairs unit while using the lower unit as an Airbnb for even higher returns. Additional details about the expected rental income are available

Additional Information

Subdivision
Capitol Hill
Interior Features
Second Kitchen, Dining Combo, Separate Dining Room, Entry Level Bedroom, Open Floor Plan, Family Room Off Kitchen
School District
District Of Columbia Public Schools
Fireplaces
2
Flooring
Carpet, Wood, Vinyl
Heating
Heat Pump
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Compass. Contact:

Selling Office: Keller Williams Capital Properties.