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704 I ST SE Washington, DC 20003
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Key Details
Sold Price $735,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,365 sqft
Price per Sqft $538
Subdivision Capitol Hill
MLS Listing ID DCDC2164646
Sold Date 11/27/24
Style Victorian
Abv Grd Liv Area 904
Originating Board BRIGHT
Year Built 1912
Annual Tax Amount $7,133
Tax Year 2023
Lot Size 481 Sqft
Acres 0.01
Property Description
Legal 2-unit INVESTMENT OPPORTUNITY for both homeowners and investors alike. If you're looking for a steady rental stream or aiming to capitalize on the booming short-term rental market, this property is the perfect match. Located just around the corner from Barracks Row Main Street, this Victorian-style row house offers a seamless blend of Capitol Hill charm and Navy Yard convenience. The two-level upper unit features a comfortable 2 bed/1 bath floor plan with ample living space, while the separate English basement studio provides flexibility as an income-generating rental or as a private living pad for guests/extended family. Currently owner-occupied, but upper unit previously rented for $2,900/mo. & the lower unit for $1,750/mo. Live in either unit and rent out the other to subsidize your mortgage and maximize profits. The property's PRIME LOCATION offers easy access to a diverse array of dining options and unique local shops. Whether you're grabbing a quick bite, enjoying a leisurely dinner, or exploring nearby boutiques, everything is at your fingertips. Just 3 blocks to Eastern Market and Metro! Improvements since 2019 include new roof, windows, upper unit bathroom and HVAC. New shaker kitchen cabinets, quartz countertops and recessed lighting were also recently added in the upper level unit.
Location
State DC
County Washington
Zoning SEE ZONING MAP
Rooms
Basement Front Entrance, English, Full, Fully Finished, Improved
Interior
Interior Features Combination Kitchen/Living, Floor Plan - Open, Ceiling Fan(s), Recessed Lighting, Wood Floors
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C, Ceiling Fan(s)
Equipment Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked
Fireplace N
Window Features Vinyl Clad
Appliance Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Stacked
Heat Source Electric
Exterior
Utilities Available Electric Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0904//0865
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Andrew Musser • KW United