220 3rd Street SE presents a rare opportunity to acquire a boutique four-unit apartment building in the heart of Capitol Hill, just blocks from the U.S. Capitol Campus and Capitol South Metro. The property features four spacious one-bedroom apartments, a rear off-street parking space, and stable in-place income with value-add potential through future renovations and lease turnover. Unit 1 (main floor/first level) and Unit 2 (second floor) are both leased out as shorter-term rentals, averaging 2 to 4 months per stay with almost no vacancy between leases. One or both of these units could potentially be delivered vacant if desired by a buyer. Recent capital improvements to the building include a new TPO roof (2017) and front brick repointing (2022). With gross rental income exceeding $9,000 per month on a fully occupied basis, premier walkability to Capitol Hill's dining, retail, and Metro amenities, and Rent Control and TOPA exemptions, this offering combines strong income potential with an irreplaceable location.
| MLS # | DCDC2277070 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1857 |
| Days On Site | 51 |
| Listing Provided By | Horvath & Tremblay MD, LLC | Christian Barreiro |
| SQ Feet | 3,560 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | RF-1/CAP |
| Acreage | 0.03 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Roof | Composite |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 15156.69 |
|---|
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20003 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20003) | |
Price: $1,350,000 low | high Med: $519,950 sqft: 3,560 low | high Med: 813 $ / sqft: $379 low | high Med: $652 On site: 51 low | high Med: 83 | |
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20003 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20003) | |
Price: $1,350,000 low | high Med: $519,950 sqft: 3,560 low | high Med: 813 $ / sqft: $379 low | high Med: $652 On site: 51 low | high Med: 83 | |
![]() | $1,795,000313 C St SeWashington, DC 20003 |
![]() | $1,749,000319 C St SeWashington, DC 20003 |