1206 Pennsylvania Ave Se, Washington, DC 20003

$700,000
3
BD
2
BA
1,302
SqFt

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List Price
$700,000
Days on Market
3
Status
ACTIVE
MLS#
DCDC2284406
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,302
Lot Size (Acres)
0.02
Style
Colonial, Converted Dwelling
Year Built
1907
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY IN SOUTHEAST WASHINGTON, DC! Bring your vision to 1206 Pennsylvania Ave SE—a versatile property offering a combination of income-producing potential, flexible zoning, and an outstanding location. The property features a 3-bedroom, 2-bath main residence PLUS a separate LEGAL basement unit, providing multiple opportunities to generate rental income, occupy one unit while renting the other, or reposition the property for maximum value. The existing layout gives investors a solid foundation for a value-add strategy, while the property's zoning and location create additional possibilities for future use and redevelopment, subject to applicable DC zoning and permitting requirements. Zoned MU/CH, the property offers the potential for a variety of residential and commercial uses, making this an especially attractive opportunity for investors, developers, owner-users, and entrepreneurs. Explore the highest and best use of the property, whether through renovation, repositioning, income generation, commercial utilization, or future redevelopment. Location is a major asset. Situated just two blocks from the Metro, 1206 Pennsylvania Ave SE provides excellent access to public transportation, employment centers, shopping, dining, and the many amenities of Washington, DC. Rear parking adds significant convenience and value. LEGAL BASEMENT UNIT • 3 BEDROOMS • 2 BATHS • MU/CH ZONING • REAR PARKING • TWO BLOCKS TO METRO • INCOME POTENTIAL • VALUE-ADD OPPORTUNITY • REDEVELOPMENT POTENTIAL

Additional Information

Subdivision
Capitol Hill
Taxes
$8117
Interior Features
Kitchen - Eat-In, Other
School District
District Of Columbia Public Schools
Garage
Yes
Garage Spaces
1
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C
Utilities
Water Available, Sewer Available, Natural Gas Available, Electric Available
Water
Public
Sewer
Public Sewer
Basement
Yes

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (202) 966-1400