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Investment Highlights
- Premier Capital Hill Location
- Excellent Transit Accessability
- Rent Control Exempt
- Walkable Neighborhood with Outstanding Amenities
- Spacious Apartment Layouts & Building Upgrades
- TOPA Exempt
Executive Summary
Horvath & Tremblay is pleased to exclusively present the opportunity to acquire 220 3rd Street SE, a boutique four-unit apartment building located in the heart of Capitol Hill, one of Washington, DC's most recognizable and supply-constrained neighborhoods. Situated just a few blocks from the United States Capitol Campus, the Property offers investors the rare opportunity to own a well-located multifamily asset in a neighborhood driven by a unique combination of government, legal, lobbying, and nonprofit employment that continues to support consistent apartment demand.
The Property consists of four residential apartments, providing stable in place income with additional upside through future interior improvements, strategic lease turnover, and long-term rental growth. Two of the units are currently leased out as mid-term rentals (~2-3 months) and have the potential to be delivered vacant. Whether acquired as a long-term investment or as a property with future owner-occupancy potential, 220 3rd Street SE offers an attractive combination of irreplaceable location, manageable scale, and favorable ownership characteristics.
Positioned several blocks from the U.S. Capitol, Senate and House Office Buildings, the Library of Congress, and the Supreme Court of the United States, residents enjoy immediate access to one of the nation's largest employment centers. Combined with exceptional neighborhood amenities, outstanding transit connectivity, and Capitol Hill's enduring appeal, the Property represents a rare opportunity to acquire a boutique multifamily asset in one of Washington's most stable and desirable rental markets.
The Property consists of four residential apartments, providing stable in place income with additional upside through future interior improvements, strategic lease turnover, and long-term rental growth. Two of the units are currently leased out as mid-term rentals (~2-3 months) and have the potential to be delivered vacant. Whether acquired as a long-term investment or as a property with future owner-occupancy potential, 220 3rd Street SE offers an attractive combination of irreplaceable location, manageable scale, and favorable ownership characteristics.
Positioned several blocks from the U.S. Capitol, Senate and House Office Buildings, the Library of Congress, and the Supreme Court of the United States, residents enjoy immediate access to one of the nation's largest employment centers. Combined with exceptional neighborhood amenities, outstanding transit connectivity, and Capitol Hill's enduring appeal, the Property represents a rare opportunity to acquire a boutique multifamily asset in one of Washington's most stable and desirable rental markets.
Property Facts
| Price | $1,350,000 | Lot Size | 0.03 AC |
| Price Per Unit | $337,500 | Building Size | 3,560 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 4 | Year Built | 1857 |
| Property Type | Multifamily | Parking Ratio | 0.28/1,000 SF |
| Price | $1,350,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.03 AC |
| Building Size | 3,560 SF |
| No. Stories | 3 |
| Year Built | 1857 |
| Parking Ratio | 0.28/1,000 SF |
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Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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