500 9th St Se, Washington, DC 20003

Property Description

A rare opportunity to own a remarkable piece of Washington history. Built in 1848 as a grand private residence, the property was designed by an Italian architect for a U.S. Navy Admiral stationed at the neighboring Naval Hospital. Offered vacant and move-in ready, the building presents exceptional flexibility for investors or developers pursuing a buy-and-hold strategy or condominium conversion, while also offering the rare chance to restore the property to its original and magnificent single-family primary residence. Live in one and rent the rest. Updated and move-in ready. Spanning three levels, the property currently comprises six residential units, including one one-bedroom/one-bath residence, three two-bedroom/one-bath residences, and two two-bedroom/two-bath residences. The property is completely vacant. Ideally positioned just one block from Barracks Row and two blocks from Eastern Market Metro, the location offers walkable access to Eastern Market, Capitol Hill offices, the Library of Congress, and Pennsylvania Avenue, with downtown and Reagan National Airport only minutes away.