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.nnHeading 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.nnThe 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.nnThe 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.nnWith its ideal Capitol Hill location, the home is minutes to shopping, restaurants, grocery, retail, metro and various commuter routes.nnAs 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

Features
: Heat Pump(s)
: Central a/c
N
: Brick
: Carpet, Wood, Luxury Vinyl Plank
: Slab
: Level Entry - Main
: Floor plan - open, Family Room Off Kitchen, Dining Area, Entry Level Bedroom, Combination Kitchen/dining, 2nd Kitchen
N
: Traditional
: Electric
: Electric
: Electric
: Main, Upper 1, Upper 2
N
N
N
: Dishwasher, Disposal, Water heater, Refrigerator, Built-in Microwave, Dryer, Washer, Oven/range - Electric
Address Map
PENNSYLVANIA
1516
AVENUE
W77° 1' 1.7''
N38° 52' 46.5''
SE
1516
South on Pennsylvania Ave SE to 1516 on left.
MLS Addon
Compass
Evan D Johnson
Bright
BRIGHT_MAIN
Annually
N
Domp
Annually
64757
121134574867
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
2,008 Sqft
3
: Interior Row/townhouse
2,008 Sqft
No
: Standard
$7,059
2023
MU-4
: Public Sewer
: Public
0 Sqft
2.5
$0
$0
Keller Williams Capital Properties
KWCP2
$0
$0
16/09/2024

Residential Sold

1516 PENNSYLVANIA AVENUE, WASHINGTON, District Of Columbia 20003

3 Bedrooms
3 Bathrooms
2,008 Sqft
$850,000
Listing ID #DCDC2152402
Basic Details
Property Type : Residential
Listing Type : Sold
Listing ID : DCDC2152402
Price : $850,000
Bedrooms : 3
Bathrooms : 3
Half Bathrooms : 1
Sqft : 2,008 Sqft
Year Built : 1979
Lot Area : 0.03 Acre
Status : Closed
Subdivision Name : CAPITOL HILL
Property Sub Type : Office
Price Per SQFT : $423
Agent info
Robert Spicer
Spicer Real Estate, Inc.
7201 Wisconsin Avenue
Contact Agent
This listing courtesy of: Compass
Listing provided by: Evan D Johnson