709-711 G St Se, WASHINGTON
$2,900,000 - 6,469 Sf
MLS® # DCDC2086376
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
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Listing information last updated on April 28th, 2024 at 7:30am EDT.
