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Tools
Size
7,132 Sq Ft.
interior
0.11 Acker
Exterior
Financial
$1,400,000
Change Currency
$196
Price Per Sqft
$40,020
Annual taxes
Listing Details
Multi-Familie
Immobilienart
1980
Baujahr
10866878
Web-ID
DCDC2133436
MLS-ID
82
Days Posted
Beschreibung
589 Columbia Road NW, , Washington, DC 20001
Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
This is an Active listing.
Broker Office Phone Number: 202-518-8781
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 202-518-8781
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ausstattung
- Other
Preisentwicklung
date | Preis | variance | type |
---|---|---|---|
3/20/2024 | $1,400,000 | - | Gelistet |
Listing By: RLAH Real Estate via Data Source: Bright MLS
Listing-Agent: Tohmai Smith