1846 Capitol Avenue Ne Washington, DC 20002

$474,900
3
Beds
1.5
Baths
0.04
Acres
1,184
SQFT
401
$/SQFT
$474,900
3
Beds
1.5
Baths
1,184   sf
$401 / sf
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Further price reduction - now $474,900! Move in for the holidays, or get your next development project lined up for the new year! Welcome to 1846 Capitol Ave, NE, a great townhouse situated in the vibrant and rapidly evolving Ivy City neighborhood. The house is a short distance away from the heart of Ivy City, also a short distance away from the hip Union Market and H Street corridor. As it currently stands, the house features a first floor with open floor plan leading to a deep backyard. The second floor features 3 good sized bedrooms and an updated full bath. The house harbors incredible development potential. This 1,891 square foot lot is zoned RF-1, offering flexibility to build up to two dwelling units as a matter-of-right—either both within a primary structure or one in a primary structure and another in an accessory building.Priced reduced $25K! Get your homeowner in the house for the holiday, or get your developer set for the new year! The existing structure currently occupies just over half of the allowable lot space, leaving ample room for expansion. Standing at two stories and approximately 24 feet tall, there's also potential to increase the height to the zoning-allowed 35 feet or 3 stories. Additionally, you can dig down to add a cellar level, maximizing the property’s potential with up to 4 levels of 60% lot occupancy—creating up to 4,320 square feet of rentable or sellable space.To top it off, the seller, a licensed architect, is offering free concept unit plan layouts to help you envision your project, with permit drawings available for an additional fee. Don't miss this opportunity to create something special in one of DC’s hottest areas!

Further price reduction - now $474,900! Move in for the holidays, or get your next development project lined up for the new year! Welcome to 1846 Capitol Ave, NE, a great townhouse situated in the vibrant and rapidly evolving Ivy City neighborhood. The house is a short distance away from the heart of Ivy City, also a short distance away from the hip Union Market and H Street corridor. As it currently stands, the house features a first floor with open floor plan leading to a deep backyard. The second floor features 3 good sized bedrooms and an updated full bath. The house harbors incredible development potential. This 1,891 square foot lot is zoned RF-1, offering flexibility to build up to two dwelling units as a matter-of-right—either both within a primary structure or one in a primary structure and another in an accessory building.Priced reduced $25K! Get your homeowner in the house for the holiday, or get your developer set for the new year! The existing structure currently occupies just over half of the allowable lot space, leaving ample room for expansion. Standing at two stories and approximately 24 feet tall, there's also potential to increase the height to the zoning-allowed 35 feet or 3 stories. Additionally, you can dig down to add a cellar level, maximizing the property’s potential with up to 4 levels of 60% lot occupancy—creating up to 4,320 square feet of rentable or sellable space.To top it off, the seller, a licensed architect, is offering free concept unit plan layouts to help you envision your project, with permit drawings available for an additional fee. Don't miss this opportunity to create something special in one of DC’s hottest areas!

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Washington
  • Tax Amount
    $3,527
  • Status
    Active
  • Listing #
    DCDC2162198
  • Built
    1938
  • Lot Size
    0.04
  • Listed on site
    83 days
  • Listing Agent Id
    121135167274

Listed by:
Realty Advantage of Maryland LLC

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Gas Utilities
  • Underground Utilities
  • Sewer

View

  • City view

Exterior features

  • Fence
  • No Pool

Interior Features

  • Carpet Floors
  • Wood Floors

Style

  • Two Story

Property History

DateDays AgoEventNew Price
Nov 30, 202424 days agoPrice decreased24,100 (5%)$474,900
Nov 8, 20242 mos agoPrice decreased26,000 (5%)$499,000
Oct 22, 20242 mos agoPrice decreased25,000 (5%)$525,000
Oct 1, 20243 mos agoNew on market$550,000
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