PRIVATE Carriage House / Artist Studio w/ Great Natural Light in CAPITOL HILL
Description
This large (approximately 1250 square feet) brick carriage house is located in the HEART of Capitol Hill. Union Station, Eastern Market, and Capitol Hill are all a few easy blocks away! Red Line and Blue/Orange Line Metro stops are all within an easy walking distance! This is the affordable home in Capitol Hill you've been looking for!
This carriage house features two full levels, central heat and A/C, a front and rear entrance, four skylights, and easy street access. The lower level was used as an artist studio by the previous tenant and has tall ceilings, great natural light, and a utility sink. The upper level was used for storage by the previous tenant, but could easily be converted into living space. The upper level features several rooms and a half bathroom.
There is plentiful on-street parking and a beautiful back yard with a huge Magnolia tree.
The Challenge: The carriage house has been used as a work and storage space for at least the past five years and would definitely take some work to convert into a living space. A rough estimate is that it would take about $40,000 worth of work to redo the entire interior to maximize the use of the space. It would make a beautiful and elegant two-bedroom, one and a half bathroom home for the person with the vision and wherewithal to make it happen. Comparable properties are selling for $525,000 to $550,000 in Capitol Hill right now so you'd have instant equity.
In order to facilitate your renovation of this great property, the current owner is willing to consider offering private financing of your down payment and some of the costs to convert it to a livable space. Call or email today to arrange to view it!
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