RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY IN SOUTHEAST WASHINGTON, DC! Bring your vision to 1206 Pennsylvania Ave SE - a versatile property offering a combination of income-producing potential, flexible zoning, and an outstanding location. The property features a 3-bedroom, 2-bath main residence PLUS a separate LEGAL basement unit, providing multiple opportunities… Read More to generate rental income, occupy one unit while renting the other, or reposition the property for maximum value. The existing layout gives investors a solid foundation for a value-add strategy, while the property's zoning and location create additional possibilities for future use and redevelopment, subject to applicable DC zoning and permitting requirements. Zoned MU/CH, the property offers the potential for a variety of residential and commercial uses, making this an especially attractive opportunity for investors, developers, owner-users, and entrepreneurs. Explore the highest and best use of the property, whether through renovation, repositioning, income generation, commercial utilization, or future redevelopment. Location is a major asset. Situated just two blocks from the Metro, 1206 Pennsylvania Ave SE provides excellent access to public transportation, employment centers, shopping, dining, and the many amenities of Washington, DC. Rear parking adds significant convenience and value. LEGAL BASEMENT UNIT - 3 BEDROOMS - 2 BATHS - MU/CH ZONING - REAR PARKING - TWO BLOCKS TO METRO - INCOME POTENTIAL - VALUE-ADD OPPORTUNITY - REDEVELOPMENT POTENTIAL Read Less
Courtesy of Albert Elliott, Long & Foster Real Estate, Inc. 202-966-1400
Listing Snapshot
Days Online
2
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
2
Square Ft.
1,788
Lot Size
0.02 Acres
Year Built
1907
MLS Number
DCDC2284406
Additional Details
Appliances & Equipment
Oven/Range - Gas, Refrigerator
Basement
Front Entrance, Full
Building
Built in 1907, Living area: 1788, Levels: 2, Construction Materials: Brick
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