Great investment opportunity!! Ideal 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. Location! Location! Location! Great possibilities! 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. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
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Listing Snapshot
Price
$1,200,000
Days On Site
91 Days
Bedrooms
8
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1980
MLS® Number
DCDC2186456
Status
Active
Property Tax
$11,602
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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