515 Constitution Ave NE
Washington, DC 20002
2 Beds
4 Baths
2,919 Sq Ft
97 Days on Market
For Sale $1,200,000
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Courtesy of Compass

Listing Agent & Comments

Jeanne H HarrisonCompass
202-841-7717jeanneharrisondc@compass.com License #SP98360563
Rare opportunity to purchase a fully-tenanted, pretty bayfront Victorian 4 unit property in PRIMO location steps to Stanton Park, Union Station Metro, Eastern Market, US Capitol Complex and everything the Hill has to offer. Walk Score of 92, Bike Score of 97. All 4 units offer tall ceilings, beautiful original mantels and tilework on decorative fireplaces, nice original doors and trim throughout, including the main hallway staircase banister and spindles. The upper 3 units have pretty pine floors, their living areas at front get good light from large bay windows, their updated kitchens have a single run of upper and lower cabinets w/formica countertops, bathrooms are updated and each includes a linen closet. The upper 2 units have quite large screened-in porches providing 3-season additional space to relax and unwind. On the main level unit that porch space has been enclosed w/windows and incorporated into the unit as an un-conditioned sun room, along w/private stairs to backyard. The spacious-feeling lower level studio unit is carpeted, has 8’ tall ceilings, a large walk-in closet, an updated bathroom, newer L-shaped open kitchen w/formica countertops, and direct access to the spacious shared fully-fenced backyard patio where tenants enjoy relaxing and entertaining, sheltered by a large tree. There is a gate for pedestrian access to the alley, making it easy for bikes/strollers. Well-maintained building: screened-in rear porches were recently re-built and re-supported; brickwork was repointed on sides and at rear; the main hallway was recently repainted and re-carpeted; and the newish metal roof was recoated in the past 5 years. There is a single boiler for heat to the building, a single 75 gallon water heater for the building. These systems are located in a separate space on lower level, accessed from outside the building through pedestrian gate to alley. Each unit has 1 window unit A/C that conveys w/sale. Each unit has its own electric meter and electricity is paid individually by each unit. Gas is paid by owner. The 3 1BR/1BA units on upper floors are each month to month, the lease on the lower level studio unit ends 12/31/24. Subject to rent control, the 2023 annual rent was $72,223 and the 2024 monthly rent roll totals $6502 ($78,024 per year). TOPA notice will be given. This property has had VERY little turnover, 3 are long-term tenants. Property conveys with tenants in place. Property offers possibilities for investor looking to take over a fully-tenanted 4-unit property, or for a savvy owner-occupier who might wish to occupy one or more units for themselves and continue renting out the others. All prospective buyers are advised to run numbers w/a financial advisor knowledgeable about DC TOPA regarding 4 unit buildings, and see how this may work financially BEFORE attempting to see the property. To avoid unnecessarily inconveniencing tenants, seller is requiring proof of funds or lenders letter before scheduling all showings. Shown strictly by appointment during business hours, w/minimum 24 business hour advance notice. Initial showings are likely to be for just one of the 4 units, arrangements to view other units would be made w/submission of an offer to purchase the property. Tenants convey w/sale of property. Note that sf figures are not to be used for valuation purposes.

MLS# DCDC2146612 • Data provided by BRIGHTMLS
Additional home details
Living Area2,919 Sq.Ft.
Lot Size1,337 Sq.Ft.
Total Rooms10
Bedrooms2
Bathrooms4
Stories3
Year Built1907
Property TypeMulti Family
ZoningRF-3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$13,516
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,208,666
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

515 Constitution Ave NE, Washington, DC 20002

Multi Family
2 Beds
4 Baths
2,919 Sq Ft
97 Days on Market

Listing Agent & Comments

Jeanne H HarrisonCompass
202-841-7717jeanneharrisondc@compass.com License #SP98360563
Rare opportunity to purchase a fully-tenanted, pretty bayfront Victorian 4 unit property in PRIMO location steps to Stanton Park, Union Station Metro, Eastern Market, US Capitol Complex and everything the Hill has to offer. Walk Score of 92, Bike Score of 97. All 4 units offer tall ceilings, beautiful original mantels and tilework on decorative fireplaces, nice original doors and trim throughout, including the main hallway staircase banister and spindles. The upper 3 units have pretty pine floors, their living areas at front get good light from large bay windows, their updated kitchens have a single run of upper and lower cabinets w/formica countertops, bathrooms are updated and each includes a linen closet. The upper 2 units have quite large screened-in porches providing 3-season additional space to relax and unwind. On the main level unit that porch space has been enclosed w/windows and incorporated into the unit as an un-conditioned sun room, along w/private stairs to backyard. The spacious-feeling lower level studio unit is carpeted, has 8’ tall ceilings, a large walk-in closet, an updated bathroom, newer L-shaped open kitchen w/formica countertops, and direct access to the spacious shared fully-fenced backyard patio where tenants enjoy relaxing and entertaining, sheltered by a large tree. There is a gate for pedestrian access to the alley, making it easy for bikes/strollers. Well-maintained building: screened-in rear porches were recently re-built and re-supported; brickwork was repointed on sides and at rear; the main hallway was recently repainted and re-carpeted; and the newish metal roof was recoated in the past 5 years. There is a single boiler for heat to the building, a single 75 gallon water heater for the building. These systems are located in a separate space on lower level, accessed from outside the building through pedestrian gate to alley. Each unit has 1 window unit A/C that conveys w/sale. Each unit has its own electric meter and electricity is paid individually by each unit. Gas is paid by owner. The 3 1BR/1BA units on upper floors are each month to month, the lease on the lower level studio unit ends 12/31/24. Subject to rent control, the 2023 annual rent was $72,223 and the 2024 monthly rent roll totals $6502 ($78,024 per year). TOPA notice will be given. This property has had VERY little turnover, 3 are long-term tenants. Property conveys with tenants in place. Property offers possibilities for investor looking to take over a fully-tenanted 4-unit property, or for a savvy owner-occupier who might wish to occupy one or more units for themselves and continue renting out the others. All prospective buyers are advised to run numbers w/a financial advisor knowledgeable about DC TOPA regarding 4 unit buildings, and see how this may work financially BEFORE attempting to see the property. To avoid unnecessarily inconveniencing tenants, seller is requiring proof of funds or lenders letter before scheduling all showings. Shown strictly by appointment during business hours, w/minimum 24 business hour advance notice. Initial showings are likely to be for just one of the 4 units, arrangements to view other units would be made w/submission of an offer to purchase the property. Tenants convey w/sale of property. Note that sf figures are not to be used for valuation purposes.

MLS# DCDC2146612 • Data provided by BRIGHTMLS
Additional home details
Living Area2,919 Sq.Ft.
Lot Size1,337 Sq.Ft.
Total Rooms10
Bedrooms2
Bathrooms4
Stories3
Year Built1907
Property TypeMulti Family
ZoningRF-3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$13,516
Property in Flood Zone--
We’ll connect you with top agents in your area.
Missing property details data
This property is missing data for:
Comparable properties
New
Do you own this home?
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house
For Sale $1,200,000
Request tour
Save
Courtesy of Compass
515 Constitution Ave NE
Washington, DC 20002
2 Beds
4 Baths
2,919 Sq Ft
97 Days on Market

Listing Agent & Comments

Jeanne H HarrisonCompass
202-841-7717jeanneharrisondc@compass.com License #SP98360563
Rare opportunity to purchase a fully-tenanted, pretty bayfront Victorian 4 unit property in PRIMO location steps to Stanton Park, Union Station Metro, Eastern Market, US Capitol Complex and everything the Hill has to offer. Walk Score of 92, Bike Score of 97. All 4 units offer tall ceilings, beautiful original mantels and tilework on decorative fireplaces, nice original doors and trim throughout, including the main hallway staircase banister and spindles. The upper 3 units have pretty pine floors, their living areas at front get good light from large bay windows, their updated kitchens have a single run of upper and lower cabinets w/formica countertops, bathrooms are updated and each includes a linen closet. The upper 2 units have quite large screened-in porches providing 3-season additional space to relax and unwind. On the main level unit that porch space has been enclosed w/windows and incorporated into the unit as an un-conditioned sun room, along w/private stairs to backyard. The spacious-feeling lower level studio unit is carpeted, has 8’ tall ceilings, a large walk-in closet, an updated bathroom, newer L-shaped open kitchen w/formica countertops, and direct access to the spacious shared fully-fenced backyard patio where tenants enjoy relaxing and entertaining, sheltered by a large tree. There is a gate for pedestrian access to the alley, making it easy for bikes/strollers. Well-maintained building: screened-in rear porches were recently re-built and re-supported; brickwork was repointed on sides and at rear; the main hallway was recently repainted and re-carpeted; and the newish metal roof was recoated in the past 5 years. There is a single boiler for heat to the building, a single 75 gallon water heater for the building. These systems are located in a separate space on lower level, accessed from outside the building through pedestrian gate to alley. Each unit has 1 window unit A/C that conveys w/sale. Each unit has its own electric meter and electricity is paid individually by each unit. Gas is paid by owner. The 3 1BR/1BA units on upper floors are each month to month, the lease on the lower level studio unit ends 12/31/24. Subject to rent control, the 2023 annual rent was $72,223 and the 2024 monthly rent roll totals $6502 ($78,024 per year). TOPA notice will be given. This property has had VERY little turnover, 3 are long-term tenants. Property conveys with tenants in place. Property offers possibilities for investor looking to take over a fully-tenanted 4-unit property, or for a savvy owner-occupier who might wish to occupy one or more units for themselves and continue renting out the others. All prospective buyers are advised to run numbers w/a financial advisor knowledgeable about DC TOPA regarding 4 unit buildings, and see how this may work financially BEFORE attempting to see the property. To avoid unnecessarily inconveniencing tenants, seller is requiring proof of funds or lenders letter before scheduling all showings. Shown strictly by appointment during business hours, w/minimum 24 business hour advance notice. Initial showings are likely to be for just one of the 4 units, arrangements to view other units would be made w/submission of an offer to purchase the property. Tenants convey w/sale of property. Note that sf figures are not to be used for valuation purposes.

MLS# DCDC2146612 • Data provided by BRIGHTMLS
Additional home details
Living Area2,919 Sq.Ft.
Lot Size1,337 Sq.Ft.
Total Rooms10
Bedrooms2
Bathrooms4
Stories3
Year Built1907
Property TypeMulti Family
ZoningRF-3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$13,516
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,208,666
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
Missing property details data
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,200,000
Request tour
Save
Courtesy of Compass