409 E CAPITOL ST SE $1,349,000

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    409 E CAPITOL ST SE WASHINGTON, DC 20003

    • 2 Beds
    • 2 Baths
    • 1,746 sq. ft.
    • Row/Townhouse
    • MLS# DCDC2000181
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    Views: 8 Days On Site: 12

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    Property Details

    The subject property is a two-story, 1,746-square foot building situated on an 1,800 square foot lot. Located in the Capitol Hill neighborhood, 409 East Capitol Street SE represents an opportunity for a savvy investor to acquire a 100% leased, mixed-use commercial property in one of Washington, D.C.'s most desirable and stable submarkets. The subject property is a two-story, 1,746-square foot building situated on an 1,800 square foot lot. Located in the Capitol Hill neighborhood, 409 East Capitol Street SE represents an opportunity for a savvy investor to acquire a 100% leased, mixed-use commercial property in one of Washington, D.C.'s most desirable and stable submarkets. The first floor commercial space currently leased through Aug of 2023. The second level of the property is a two-bedroom/one-bathroom apartment unit which is currently leased through the end of 2023. The unit has excellent natural light throughout, hardwood floors, and a stairwell leading to a rear patio area. As there is only one residential unit, the sale of 409 East Capitol Street SE will not be subject to the Tenant Opportunity to Purchase Act ('TOPA'). Without any extended statutory timeline necessary, this opportunity is well suited for all types of investors including those in search of a 1031 exchange up leg. The subject property is located along East Capitol Street in Capitol Hill, one of the District's most affluent and stable neighborhoods. The submarket itself offers numerous tourist attractions such as the Library of Congress, the United States Capitol Building, and United States Supreme Court. The subject property benefits from its close proximity to Barracks Row, home to the United States Marine Barracks, and well-known for its retail and restaurant scene which has exploded over the last decade. 409 East Capitol Street SE is also close to Eastern Market and the Trader Joe's-anchored Hine School redevelopment project which is known as 700 Penn at Eastern Market. Additionally, the subject property is approximately one half mile from the Capitol Hill South and Eastern Market Metro Stations, and one mile from Union Station.

    • General Features
      • Condo Coop Association Y/N N
      • County WASHINGTON
      • HOA Y/N N
      • New Construction Y/N N
      • Pool No Pool
      • Sale Type Standard
      • Senior Community Y/N N
      • Tax Annual Amount 2028.00
      • Tax Year 2020
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1900
      • Zoning RF3
    • Building Features
      • Basement Type Other
      • Cooling Fuel Electric
      • Cooling Type Central A/C
      • Foundation Details Other
      • Garage Y/N N
      • Heating Fuel Electric
      • Heating Type Heat Pump(s)
      • Sewer Septic Public Sewer
      • Style Colonial
      • Total Garage And Parking Spaces 0
      • Total Living Area 1746
    • Room Features
      • Bedrooms 2
      • Bathrooms 2
      • Bathrooms Count Main Level 1.00
      • Full Bathrooms 2
      • Bathrooms Full Main Level 1
    • Property Features
      • Lot Size Acres 0.04
    • Schools
      • School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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    Neighborhood

    20003 (WASHINGTON) Demographics

    34 Median Age
    12,981 Population Density (per sq. mile)
    79% College Educated
    $134,438 Estimated Median Income
    6,144 Estimated Total Home Owners
    7,395 Estimated Total Renters
    45% / 55% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,675 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $851,250 Median Sales Price
    46 Homes Sold
    89 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,349,000
        10/5/2021 4:14:00 PM New in Database Source: Multiple Listing Service New Value: $1,349,000

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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2021 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.