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- $3M Price
- 8,600 Sqft
- .06 Acres
- 24 DOM
311 East Capitol Se
We are pleased to present 311 East Capitol Street, SE, a four-level, 13-unit property in RF-1/CAP Zoning. The current configuration, layout, and condition offer an investor myriad options to reposition the asset in the marketplace. The property is nestled on one of the most coveted blocks on Capitol Hill, as it is situated a stone’s throw from the United States Capitol, both the Senate and House of Representative Office Buildings (Hart, Russell and Dirksen, and Cannon, Longworth and Rayburn), The Folger Shakespeare Library, The Supreme Court, The Library of Congress, countless association headquarters, and vast restaurant and retail options. As a TOPA free asset, the property presents investors with an immediate opportunity to acquire a grandfathered-use, multi-family property for occupancy upon acquisition, redevelopment as a mid-level or luxury rental, or a condominium project. A present estimate of HCVP Rents for the current configuration, if fully leased is $31,930/mo (estimated). A preliminary zoning opinion (available upon request) has confirmed that the unit make-up could be modified to decrease density.
Essential Information
- MLS® #DCDC2130534
- Price$2,950,000
- Bathrooms0.00
- Square Footage8,600
- Acres0.06
- Year Built1878
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- StatusPending
Community Information
- Address311 East Capitol Se
- SubdivisionCAPITOL HILL
- CityWASHINGTON
- CountyWASHINGTON-DC
- StateDC
- Zip Code20003
Amenities
- ViewCity, Street, Other
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Interior
- CoolingWindow Unit(s), Central A/C
- # of Stories4
Heating
Radiator, Forced Air, Baseboard - Electric
Exterior
- ExteriorBrick and Siding
- RoofFlat, Asphalt, Built-Up
- FoundationBrick/Mortar
School Information
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
- Date ListedFebruary 29th, 2024
- Days on Market24
- ZoningRF-1/CAP
Listing Details
Office
Washington Fine Properties, LLC
Price Change History for 311 East Capitol Se, WASHINGTON, DC (MLS® #DCDC2130534)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – |
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Listing information last updated on May 19th, 2024 at 4:30pm CDT.