220 3Rd St Se, Washington, DC 20003

Description

220 3rd Street SE presents a rare opportunity to acquire a boutique four-unit apartment building in the heart of Capitol Hill, just blocks from the U.S. Capitol Campus and Capitol South Metro. The property features four spacious one-bedroom apartments, a rear off-street parking space, and stable in-place income with value-add potential through future renovations and lease turnover. Unit 1 (main floor/first level) and Unit 2 (second floor) are both leased out as shorter-term rentals, averaging 2 to 4 months per stay with almost no vacancy between leases.  One or both of these units could potentially be delivered vacant if desired by a buyer. Recent capital improvements to ...