Apartment with terraceWashington (United States)

Price :

$775,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms3 bathrooms3

Welcome to Capitol Park IV - a mid-century enclave of 243 townhome condominiums sited on 30 acres of park-like setting in the SW Waterfront. This townhome is particularly unique, as it is a “Tandem Unit”: it contains 2 separately-metered units, making it a fabulous investment opportunity. The two-story UL Unit (#255A) features 2-bedrooms, 1.5 bathrooms, and an open-plan living-dining with vaulted ceilings, skylights, floor-to-ceiling windows and a large terrace with a view of the Capitol. The LL Unit (#255) features a studio-style living space, kitchen, bathroom, and private patio accessed by brand new custom floor-to-ceiling glass doors. Each unit has its own W/D. This home is sold with two parking spaces - #’ 43 + 57. Previous owners have used SpotHero for one of the parking spaces and earned over $500/month.
The current owner has invested over $50,000 into the home - especially improving the rentability of the LL unit, which previously rented for $1,500/month before the upgrades. Recent investments include the new LL patio doors ($18K), a new plumbing line ($6K), upgraded electrical panels ($4K), all new interior paint ($6K), 3 Toto toilets ($10.5K), Ring camera ($2K), and some new appliances: dishwasher (LL), microwave (LL), washer & dryer (LL), dryer (UL) ($4.5K total). After purchasing in February 2023, the owner’s intention was to stay for many years but, you know how this goes in DC…work can bring you here just as quickly as it can send you onward!
The monthly fee includes Water, Sewer, Central Air Conditioning, Roof and Structural Maintenance, and Trash/Recycling. Capitol Park IV offers a community playground, beautifully landscaped public spaces, a swimming pool with optional membership, and on-site management and maintenance. Note: CPIV is a completely separate association from Capitol Park II.
Equidistant .5 miles from Waterfront (green) and Federal Center SW (blue, orange, silver) and 1 mile drive to 395 makes this location a commuter’s dream.
Equidistant 0.5 miles from Waterfront (green) and Federal Center SW (blue, orange, silver) and 1 mile drive to 395 makes this location a commuter’s dream. Nearby you will find plentiful grocery stores and dining options, Arena Stage, Rubell Museum, SW Library and SW Duck Pond. This location is also central to many aspects of DC culture: The Yards, The Wharf, Nationals Park, Audi Field, The Anthem, the National Mall, Smithsonian Museums, the Capitol and much more!