916 Capitol St Washington, DC 20003

Property Details for 916 Capitol St

Year built

1915

Property size

5,052 SF

Property type

Commercial real estate

Description

This exceptional Capitol Hill property, located at 916 East Capitol St NE, Washington, DC 20003, presents a unique investment opportunity. The 1915-built, 2022-renovated building offers three units totaling 5,052 square feet on a 1,600 square foot lot. The property is currently vacant, offering immediate potential for rental income or owner-occupancy. Each unit features private entries, high ceilings, individual washers/dryers, and independent climate control. Unit A (upper two levels) boasts four bedrooms and two bathrooms, including a primary suite with a gas fireplace and walk-in closet, plus a private balcony. Unit B (main level) includes two bedrooms and one bathroom, and a private terrace. Unit C (lower level) offers one bedroom, one bathroom, two fireplaces, and access to a back terrace. The building is zoned RF-1. The property's prime location offers easy access to the Capitol, Supreme Court, Library of Congress, Eastern Market, Barracks Row, and numerous dining and shopping options. Public transportation, including metro and bus lines, is readily available. This multifamily property offers versatility, allowing for various uses, including condo conversion, a single-family residence, or a combination of owner-occupancy and rental units. The asking price is $2,875,000, representing $958,333.33 per unit and $569.08 per square foot. This is a fee simple ownership.