535 3rd Ne Street NE, Washington, DC 20002
- $919,000
- 1,560
- SqFt
- Sold Price
- $919,000
- List Price
- $899,999
- Closing Date
- Oct 18, 2024
- Days on Market
- 12
- Status
- CLOSED
- MLS#
- DCDC2154202
- Living Area
- 1,560
- Lot Size (Acres)
- 0.02
- Style
- Traditional
- Year Built
- 1910
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset. Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime location—just 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Building—makes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street. With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining. This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Don’t miss out on this rare opportunity to own a piece of DC’s thriving rental market and secure your financial future.
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Additional Information
- Subdivision
- Old City #1
- Taxes
- $7740.19
- Stories
- 3
- Interior Features
- Wood Floors
- School District
- District Of Columbia Public Schools
- Elementary School
- Ludlow-Taylor
- Middle School
- Stuart-Hobson
- High School
- Eastern
- Flooring
- Hardwood
- Heating
- Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes