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1516 PENNSYLVANIA AVE SE Washington, DC 20003
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Key Details
Sold Price $860,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,008 sqft
Price per Sqft $428
Subdivision Capitol Hill
MLS Listing ID DCDC2152402
Sold Date 09/16/24
Style Traditional
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,008
Originating Board BRIGHT
Year Built 1979
Annual Tax Amount $7,059
Tax Year 2023
Lot Size 1,150 Sqft
Acres 0.03
Property Description
Fantastic opportunity to own a beautiful row home on Capitol Hill while earning rental income. Situated moments from the Potomac Avenue Metro Station, the home features two separately metered units, either or both of which can be rented for income purposes.
Heading upstairs, you will find a nice size "owner's suite" that features a gracious sized living area,with brand new carpet (hardwood under) and fireplace, a large dining room for entertaining, an updated kitchen and powder room. The upper level of this unit has two large bedrooms, one with an ensuite bath, and a full hall bath for the other.
The lower, traditionally considered income unit, has a charming open gourmet kitchen, nice size living area with fireplace, large bedroom and upgraded bath and the entire unit has luxury vinyl plank flooring.
The home features a 1 car parking driveway and the exterior rear features a private patio with a new 6 foot privacy fence and lots of entertaining space.
With its ideal Capitol Hill location, the home is minutes to shopping, restaurants, grocery, retail, metro and various commuter routes.
As an investment opportunity, each unit offers the potential for excellent returns. The new owner could choose to rent out both units for a steady income or live in the upstairs unit while using the lower unit as an Airbnb for even higher returns. Additional details about the expected rental income are available
Location
State DC
County Washington
Zoning MU-4
Rooms
Main Level Bedrooms 1
Interior
Interior Features 2nd Kitchen, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Family Room Off Kitchen
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Carpet, Wood, Luxury Vinyl Plank
Fireplaces Number 2
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Heat Source Electric
Laundry Has Laundry, Dryer In Unit, Washer In Unit
Exterior
Garage Spaces 1.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 1
Garage N
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Senior Community No
Tax ID 1077//0826
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Brian A Cusick • Keller Williams Capital Properties