701 PENNSYLVANIA AVE NW #1013, Washington, DC 20004
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701 PENNSYLVANIA AVE NW #1013, Washington, DC 20004
701 PENNSYLVANIA AVE NW #1013, Washington, DC 20004
701 PENNSYLVANIA AVE NW #1013, Washington, DC 20004
701 PENNSYLVANIA AVE NW #1013, Washington, DC 20004
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First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900
Listed by Peter Maser • Compass
$ 417,000
Est. payment /mo
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701 PENNSYLVANIA AVE NW #1013 Washington, DC 20004

1 Bed

1 Bath

520 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 520 sqft

Price per Sqft $801

Subdivision Penn Quarter

MLS Listing ID DCDC2290332

Style Unit/Flat

Bedrooms 1

Full Baths 1

Condo Fees $821/mo

HOA Y/N N

Abv Grd Liv Area 520

Year Built 1991

Annual Tax Amount $2,319

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

The Affordable Dream! Luxury Living in the Heart of Washington, DC!

Experience upscale downtown living at Market Square East, one of Washington, DC's premier full-service luxury condominium buildings, ideally located along Pennsylvania Avenue in the heart of the nation's capital. This updated, move-in-ready one-bedroom, one-bathroom residence combines modern finishes, abundant natural light, and a spacious private balcony with captivating city views.

The thoughtfully updated kitchen features stainless steel appliances and opens to a spacious, light-filled living area enhanced by attractive built-in shelving. Elegant double doors lead to the expansive private balcony, creating a seamless indoor-outdoor living experience and providing the perfect setting to enjoy the breathtaking city views. The generously sized bedroom comfortably accommodates a queen-size bed and offers ample closet space. An updated bathroom, additional built-ins, in-unit washer and dryer, and convenient storage further enhance the home's comfort and functionality.

Notable improvements include beautiful French oak hardwood floors (2024), a Samsung refrigerator with built-in filtered water and ice maker (2024), a new garbage disposal (2024), a hot water heater (2025), and a washer and dryer (2021).

An Incredible Financing Opportunity! Take advantage of the opportunity to assume the seller's existing mortgage at an exceptionally low 2.25% interest rate! This attractive financing opportunity is available to both veteran and non-veteran buyers, subject to lender approval, buyer qualification, and applicable VA loan assumption requirements. This low rate offers a compelling advantage for buyers seeking financing well below prevailing market rates.

Exceptional Building Amenities! Residents enjoy an outstanding array of services and amenities, including a 24/7 attended front desk and an on-site property manager. The spectacular rooftop terrace features a swimming pool and breathtaking panoramic views of Washington, DC's most iconic landmarks, including the U.S. Capitol, Washington Monument, and Old Post Office Pavilion. Additional amenities include a fitness center and a dedicated storage bin (#13), conveniently located on the same floor as the residence. Garage parking is available for rent at a discounted resident rate of just $255 per month. The building is also pet-friendly and welcomes one dog or one cat weighing up to 30 pounds.

Unbeatable Metro Access! Who needs a car when you're just moments from two Metro stations? Located approximately 0.1 miles from Archives–Navy Memorial–Penn Quarter Metro (Yellow and Green Lines) and 0.2 miles from Gallery Place–Chinatown Metro (Red, Yellow, and Green Lines), this prime location offers exceptional convenience and easy access to everything Washington, DC has to offer.

Discover the perfect combination of luxury living, modern updates, spectacular city views, exceptional building amenities, convenient Metro access, and an extraordinary financing opportunity—all at Market Square East in the heart of the nation's capital!

Location

State DC

County Washington

Zoning C4

Direction East

Rooms

Main Level Bedrooms 1

Interior

Interior Features Combination Dining/Living, Entry Level Bedroom, Built-Ins, Upgraded Countertops, Wood Floors, Floor Plan - Traditional

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Flooring Hardwood

Equipment Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Furnishings No

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Amenities Available Elevator, Exercise Room, Extra Storage, Sauna, Security, Swimming Pool

Water Access N

View Panoramic, Scenic Vista

Accessibility Elevator

Garage N

Private Pool Yes

Building

Story 1

Unit Features Hi-Rise 9+ Floors

Above Ground Finished SqFt 520

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include Cable TV,Custodial Services Maintenance,Ext Bldg Maint,Management,Insurance,Pool(s),Reserve Funds,Sewer,Snow Removal,Trash,Water,Sauna

Senior Community No

Tax ID 0408//5118

Ownership Condominium

SqFt Source 520

Security Features Main Entrance Lock,Desk in Lobby,Resident Manager,Smoke Detector

Acceptable Financing Cash, Conventional, Assumption

Listing Terms Cash, Conventional, Assumption

Financing Cash,Conventional,Assumption

Special Listing Condition Standard

Pets Allowed Size/Weight Restriction


Bright MLS (BMLS)

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First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900

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701 PENNSYLVANIA AVE NW #1013