1846 CAPITOL AVE NE Active

Washington,DC 20002

$ 499000

3 Beds

2 Baths

1184 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,184 sqft

Price per Sqft $421

Subdivision Ivy City

MLS Listing ID DCDC2162198

Style Federal

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1938

Annual Tax Amount $3,409

Tax Year 2023

Lot Size 1,891 Sqft

Property Description

Further price reduction - now under $500K! Move in for the holidays, or get your next development project lined up for the new year!

Welcome to 1846 Capitol Ave, NE, a great townhouse situated in the vibrant and rapidly evolving Ivy City neighborhood. The house is a short distance away from the heart of Ivy City, also a short distance away from the hip Union Market and H Street corridor.

As it currently stands, the house features a first floor with open floor plan leading to a deep backyard.
The second floor features 3 good sized bedrooms and an updated full bath.

The house harbors incredible development potential. This 1,891 square foot lot is zoned RF-1, offering flexibility to build up to two dwelling units as a matter-of-right?either both within a primary structure or one in a primary structure and another in an accessory building.

Priced reduced $25K! Get your homeowner in the house for the holiday, or get your developer set for the new year! The existing structure currently occupies just over half of the allowable lot space, leaving ample room for expansion. Standing at two stories and approximately 24 feet tall, there's also potential to increase the height to the zoning-allowed 35 feet or 3 stories. Additionally, you can dig down to add a cellar level, maximizing the property?s potential with up to 4 levels of 60% lot occupancy?creating up to 4,320 square feet of rentable or sellable space.

To top it off, the seller, a licensed architect, is offering free concept unit plan layouts to help you envision your project, with permit drawings available for an additional fee. Don't miss this opportunity to create something special in one of DC?s hottest areas!

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s),Ceiling Fan(s)

Flooring Carpet,Hardwood

Equipment Washer,Refrigerator,Stove,Built-In Microwave,Dishwasher,Disposal,Dryer,Dual Flush Toilets,Water Heater

Laundry Has Laundry,Main Floor

Exterior

Fence Chain Link,Fully,Rear

Utilities Available Electric Available,Natural Gas Available,Sewer Available,Under Ground,Water Available

Water Access N

View City,Street

Roof Type Unknown,Flat

Building

Lot Description Front Yard,Landlocked,Rear Yard

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Acceptable Financing Conventional,FHA,FHA 203(k),Negotiable,Other

Listing Terms Conventional,FHA,FHA 203(k),Negotiable,Other

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

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