1206 Pennsylvania Ave Se, Washington, DC 20003

$650,000
3
BD
2
BA
1,788
SqFt

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List Price
$650,000
Status
ACTIVE
Days on Market
40
Price Change
▼ $50,000 1791913965
MLS#
DCDC2284406
Subtype
Residential
Style
Colonial, Converted House
Year Built
1907
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,788
Lot Size
920
Acres
0.02
Subdivision
Capitol Hill

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

Interior Features
Eat-in Kitchen, Other
Taxes
$8,117
Property Description
Colonial, Converted House
Zoning
MU/CHC
Appliances
Gas Range, Refrigerator
Heating
Hot Water
Air Conditioning
Central Air
Levels
Two
Foundation
Other
Garage Spaces
1
School District
District Of Columbia Public Schools

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Listing courtesy of Long & Foster Real Estate, Inc.. Contact: