Seller's Agent in 2024
Avery Boyce
Compass
(202) 422-3081
8 in this area
82 Total Sales
535 3rd St NE Washington, DC 20002
Capitol Hill Neighborhood
Studio
3
Baths
1,560
Sq Ft
825
Sq Ft Lot
Highlights
- Deck
- Traditional Architecture
- Bay Window
- Ludlow-Taylor Elementary School Rated A-
- Wood Flooring
- Hot Water Heating System
About This Home
As of October 2024Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime location—just 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Building—makes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street.
With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining.
This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Don’t miss out on this rare opportunity to own a piece of DC’s thriving rental market and secure your financial future.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,740
Year Built
- Built in 1910
Lot Details
- 825 Sq Ft Lot
- Historic Home
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- Bay Window
- Wood Flooring
- Gas Oven or Range
Basement
- Exterior Basement Entry
- Sump Pump
Schools
- Ludlow-Taylor Elementary School
- Stuart-Hobson Middle School
- Eastern High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Natural Gas Water Heater
Additional Features
- Deck
- Urban Location
Listing and Financial Details
- Tax Lot 92
- Assessor Parcel Number 0779//0092
Community Details
Overview
- 3 Units
- 3-Story Building
- Old City #1 Subdivision
Building Details
- 3 Vacant Units
Matterport 3D Tour
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $919,000 | +2.1% | $589 / Sq Ft |
| 09/15/2024 09/15/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $899,999 | 0.0% | $577 / Sq Ft |
| 08/17/2021 08/17/21 | Rented | $1,550 | 0.0% | -- |
| 08/16/2021 08/16/21 | For Rent | $1,550 | 0.0% | -- |
| 08/15/2021 08/15/21 | Under Contract | -- | -- | -- |
| 08/08/2021 08/08/21 | For Rent | $1,550 | 0.0% | -- |
| 11/30/2020 11/30/20 | Rented | $1,550 | 0.0% | -- |
| 08/28/2020 08/28/20 | Price Changed | $1,550 | -6.1% | $1 / Sq Ft |
| 08/07/2020 08/07/20 | For Rent | $1,650 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,255 | $943,330 | $552,590 | $390,740 |
| 2024 | $46,521 | $930,410 | $549,840 | $380,570 |
| 2023 | $7,740 | $910,610 | $533,300 | $377,310 |
| 2022 | $7,167 | $843,230 | $498,110 | $345,120 |
| 2021 | $6,955 | $818,240 | $493,170 | $325,070 |
| 2020 | $6,000 | $781,620 | $469,780 | $311,840 |
| 2019 | $5,543 | $726,920 | $437,730 | $289,190 |
| 2017 | $5,112 | $673,810 | $0 | $0 |
| 2016 | $4,742 | $634,870 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Avery Boyce
-
Kaushik Rath
Buyer's Agent in 2024
Kaushik Rath
Compass
(917) 678-1307
4 in this area
93 Total Sales
-
Jorge Bellis
Seller's Agent in 2021
Jorge Bellis
Long & Foster
(703) 309-2650
23 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2154202
APN: 0779 0092
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