$ 700,000
-
$700,000
Price -
3
Bed -
2
Bath -
1,788
SqFt -
0.02
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing LNG338 - 8171
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
Listing Highlights
Status
Active
Days on Site
2
Property Type
Townhome
MLS ®
DCDC2284406
Year Built
1907
Total Square Footage
1,788
Lot/Acreage
0.02
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Oven/Range - Gas, Refrigerator
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1302
- Below Ground Sq Ft: 486
- Basement: Front Entrance,Full
- Other: Kitchen - Eat-In
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: MU/CHC
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Detached Garage,1+ Spaces
Financial Details
- Tax Amount: $8,117
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1206 Pennsylvania Ave SE Washington, DC 20003
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
