1516 Pennsylvania Ave. Southeast

Washington, DC 20003

$850,000
Price
Beds
1,795 Sq. Ft.
$474 / Sq. Ft.
1,795
Sq. Ft.
$474
per Sq. Ft.

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
...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

Listing Agents

  1. Evan Johnson

    Evan Johnson

    Listing Agent

    Compass

  2. Tom Bauer

    Tom Bauer

    Alternative Listing Agent

    Compass

    tom.bauer@compass.com

    P: 703.966.4986

Property Details for 1516 Pennsylvania Ave. Southeast

Tax ID Number
1077//0826
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
CAPITOL HILL
Subdivision
CAPITOL HILL (WASHINGTON DC)
LISTING UPDATED: 08/14/2024 06:31 AM

Property Details for 1516 Pennsylvania Ave. Southeast

StatusActive Under Contract
MLS #DCDC2152572
Days on Market10
Taxes$7,059 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1979
Lot Size0.03 AC / 1,150 SF
CountyDistrict of Columbia

Building Information for 1516 Pennsylvania Ave. Southeast

Stories-Residences1Year Built1979Building Size-Lot Size0.03 AC / 1,150 SF

Property Information for 1516 Pennsylvania Ave. Southeast

Location
Location
  • In City Limits: No
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $830,480
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $355,140
  • City Town Tax: $7,059
  • Land Assessed Value: $475,340
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: MU-4
  • Tax Lot: 826
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,795.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 15998764
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 1
  • Parking Features: Concrete Driveway
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
Exterior Features
Exterior Features
  • Outdoor Living Structures: Patio(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.WardmanRE.com.com

Property History for 1516 Pennsylvania Ave. Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1516 Pennsylvania Ave. Southeast

Taxable ValueLand$475,340Additions$355,140Total$830,480
Tax Record2023$7,099 ($592 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,795 SqFtAbove Grade Finished SqFt1,795 SqFtStories3Lot Size1,150 SqFtStyleCondominiumYear Built1979ZoningMU-4CountyDISTRICT OF COLUMBIAAPN1077 0826Fireplace TypeHas Fireplace

Schools near 1516 Pennsylvania Ave. Southeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Watkins Elementary School
Public1 to 5

Stuart-Hobson Middle School
Public6 to 8

Eastern High School
Public9 to 12

School-Within-School @ Goding
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/14/2024 06:31 AM