311 East Capitol Se, WASHINGTON

$2,950,000

0 Bed
0 Bath
8,600 Sqft
.06 Acre
0 Parking

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
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningRF-1/CAP
Condo Fees$0
HOA Fees$0
Office

Washington Fine Properties, LLC

Property History
Status Changed from Active to Pending
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 311 East Capitol Se, WASHINGTON, DC

Photo of Listing #DCDC2086376

709-711 G St Se, WASHINGTON

$2,900,000 - 6,469 Sf

MLS® # DCDC2086376

Bright MLS Logo

© 2024 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Compass participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Compass are marked with the IDX logo and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Listing information last updated on May 26th, 2024 at 2:30am EDT.