From the Owner:
"I saw the property back in 1972 while looking for a place to relocate my print shop. The old bakery and warehouse were perfect, and the three residential units in front came along with it. It took some years to obtain financing but the time came and so, with my experience as a general contractor, we modernized the property. I have lived in one unit and rented the other two. Over the years the longest they remained empty has been a month. The most recent rental was rented the first day it was listed—by the first couple who saw it. Three rented apartments—modern and well located—in addition to the commercial space have proven to be an excellent investment for more than 50 years. "
Welcome to this exceptional property nestled in the heart of the historic Capitol Hill neighborhood. This unique offering allows you to live in one residential unit while generating income from two additional residential units and a 1900 SF commercial space(should be very appealing to NavSea private contractors (a qualified HUBZone address)! With its desirable location and proximity to iconic landmarks such as the Navy Yard, Marine Barracks 8th & I, Eastern Market, and the United States Capitol, this property presents an outstanding investment opportunity for savvy buyers.
The entire property has been meticulously maintained by the current over of over 20 years. Each of the three 2 bed room units are equipped with spacious living areas, updated kitchens/baths, private balconies/patios, etc. Immaculate interiors complete with fireplaces, hardwood floors, ample storage and high ceilings; they each live like individual houses and command top of the market rents.
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Listing information last updated on December 6th, 2023 at 10:15pm EST.