1302 Pennsylvania Ave Se, Washington, DC 20003

$2,400,000

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List Price
$2,400,000
Days on Market
89
Status
ACTIVE
MLS#
DCDC2259496
Lot Size (Acres)
0.03
Year Built
1914
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

100% Occupied Mixed-Use Asset in Prime Capitol Hill Location: 4,200 SF building featuring four (4) 1BD/1BA residential units above established neighborhood retail, offering a stable blend of residential and commercial income streams. Signalized Corner Position on Pennsylvania Avenue SE: Prominently located at the intersection of 13th Street SE and Pennsylvania Avenue SE, providing strong visibility and consistent foot and vehicle traffic along one of Capitol Hill’s primary corridors. Stable Retail Tenancy with Long-Term Commitment: Ground floor anchored by a long-standing convenience store operator with a strong operating history and willingness to execute a new long-term lease at closing, providing investors with immediate income stability. Recently Gut Renovated (2019): The property underwent a comprehensive renovation in 2019, significantly reducing near-term capital expenditure needs and allowing new ownership to benefit from modernized building systems and finishes. Walkable Transit-Oriented Location: Situated just 0.2 miles from the Potomac Ave Metro Station and 0.9 miles from Eastern Market Metro Station, with easy access to Eastern Market, Barracks Row, and the extensive dining, retail, and lifestyle amenities that define the Capitol Hill neighborhood.

Additional Information

Subdivision
Old City #1
Taxes
$19399
Stories
3
School District
District Of Columbia Public Schools
Heating
Heat Pump - Electric BackUp
Heating Fuel
Electric, Natural Gas
Cooling
Central A/C
Roof
Flat
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Greysteel Company LLC. Contact: 2022802722