Tues. Afternoon Rental Option – Capitol Hill

806 E Street Southeast

This rental is located at 806 E Street, Southeast:

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The listing says:

“Sun-filled, beautifully renovated 2BR/1.5 BA townhome with urban sophistication and steps from the restaurants, shops, boutiques and vibrant pulse of Eastern Market and Barracks Row and Eastern Market –plus METRO, just 1 block away! Stainless appliances, granite countertops, double sink, gracious living room and dining space, walk-in closet, fireplace, greenhouse!, storage shed – perfect DC pad”

This 2 bed/1.5 bath is going for $3,600/Mo.

13 Comment

  • $1800/bedroom is a little steep, but you’re getting a whole house and the location is excellent. Not a deal but a good price for what it is.

  • Why not sell this? It’d be gone in seconds.

    • Appreciation. Our nearby house was just assessed for $75k more than it was 2 years ago.

    • Rentals usually more than pay the mortgage. And/or maybe the owners plan to move back eventually. And/or they want to avoid capital gains from selling one place if they’re not going to buy another one this year.

    • i don’t understand your logic. lots of people keep rental properties for lots of reasons.
      if i owned it, and i didn’t have to sell, no way i’d sell.

    • Indeed– we put an offer on a house on this block in 2010. Even with an escalation clause up to $900k we were outbid by 4 other prospective buyers. And that was 3 years ago. These days a house in SE Capitol Hill sits on the market an average of 6 days!

  • I’m going to go with no deal. $1800/bedroom and there’s only one full bath. Utilities don’t seem to be includes so for an older house that is probably not all that energy efficient, you’ll have some hefty Pepco bills if you like to keep cool. The staged photos make it look like it’s huge, but the square footage is probably not more than 950.

  • Whoa, I almost put an offer on this house when it was on the market about 2(?) years ago. I decided against it because it was smaller than I was looking for, and there was some uncertainty about the legality of the parking space that supposedly came with the house. (Being this close to 8th Street, I didn’t want to deal with street parking, esp. since I already have reserved parking now.)

    But it was a cute house in a great location. If only I had known I could have rented it out for $3600….

    • I almost did as well but didn’t because of the legality of the parking space. It’s only half a space and the only access to it is through the neighbor’s property (which he allowed because he kept a shed on this property). The guy next door owned the other half a space and would not consider selling it. Turns out that was his tactic to buy the house himself to use as a rental property.

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