220 3RD ST SE, Washington, DC 20003
220 3RD ST SE, Washington, DC 20003
220 3RD ST SE, Washington, DC 20003
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Listed by Christian Barreiro • Horvath & Tremblay MD, LLC
$1,350,000
Est. payment /mo
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3,560 SqFt
New

220 3RD ST SE Washington, DC 20003

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Zack Grimmer

Zack Grimmer

+1(215) 667-0238

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,560 sqft

Price per Sqft $379

MLS Listing ID DCDC2277070

Style Victorian

Abv Grd Liv Area 2,580

Year Built 1857

Annual Tax Amount $15,156

Tax Year 2026

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions Actual Lot Size is 1,418 SF

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property 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 the building include a new TPO roof (2017) and front brick repointing (2022). With gross rental income exceeding $9,000 per month on a fully occupied basis, premier walkability to Capitol Hill's dining, retail, and Metro amenities, and Rent Control and TOPA exemptions, this offering combines strong income potential with an irreplaceable location.

Location

State DC

County Washington

Zoning RF-1/CAP

Rooms

Basement Fully Finished

Interior

Hot Water 60+ Gallon Tank

Heating Radiator

Cooling Window Unit(s)

Flooring Wood, Ceramic Tile

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Water Access N

Roof Type Composite

Accessibility None

Total Parking Spaces 1

Garage N

Private Pool No

Building

Foundation Slab

Above Ground Finished SqFt 2580

Sewer Public Sewer

Water Public

Architectural Style Victorian

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 0790-0000-0010

Ownership Fee Simple

SqFt Source 3560

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer | License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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220 3RD ST SE