$ 1,350,000
-
$1,350,000
Price -
4
Bed -
4
Bath -
3,560
SqFt
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About the Listing HRVTRB2 - 3358539
220 3rd Street SE presents a rare opportunity to acquire a boutique four-unit apartment building in the heart of Capitol Hill, just blocks from the U.S. Capitol Campus and Capitol South Metro. The property features four spacious one-bedroom apartments, a rear off-street parking space, and stable in-place income with value-add potential through future renovations and lease turnover. Unit 1 (main floor/first level) and Unit 2 (second floor) are both leased out as shorter-term rentals, averaging 2 to 4 months per stay with almost no vacancy between leases. One or both of these units could potentially be delivered vacant if desired by a buyer. Recent capital improvements to the building include a new TPO roof (2017) and front brick repointing (2022). With gross rental income exceeding $9,000 per month on a fully occupied basis, premier walkability to Capitol Hill's dining, retail, and Metro amenities, and Rent Control and TOPA exemptions, this offering combines strong income potential with an irreplaceable location.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Multi-Family
MLS ®
DCDC2277070
Year Built
1857
Total Square Footage
3,560
Lot/Acreage
0.03
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiator
- Fireplaces:
- Floor: Wood,Ceramic Tile
- Above Ground Sq Ft: 2580
- Below Ground Sq Ft: 980
- Basement: Fully Finished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: Actual Lot Size is 1,418 SF
- Zoning: RF-1/CAP
- Roof: Composite
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,1+ Spaces
Financial Details
- Tax Amount: $15,157
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
220 3rd St SE Washington, DC 20003
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