1. District of Columbia
  2. Washington
  3. 589 COLUMBIA RD NW
$1,200,000

589 COLUMBIA RD NW, Washington, DC 20001

  • Property Icon other
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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.

Listing Status:
Active
Listing Office:
REMAX Platinum Realty : 2404970408
Listing Agent:
Don Gladstone : 3013779921
MLS ID:
DCDC2192558
  • A/C: Central A/C
  • Heating: 90% Forced AirCentral
  • Disability Feature: Other

This listing courtesy of Don Gladstone, REMAX Platinum Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bruce Monroe Elementary School @ Park View

3560 Warder St NW, Washington, DC, 20010

Grades EE-5

0.40 miles away

C

Capitol Hill Montessori School at Logan

2501 11th St NW, Washington, DC, 20001

Grades PK-8

0.51 miles away

B

Benjamin Banneker High School

800 Euclid St NW, Washington, DC, 20001

Grades 9-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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589 COLUMBIA RD NW, Washington, DC 20001
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  • 4,792 sqft lot
589 COLUMBIA RD NW Washington, DC 20001

#DCDC2186456 - REMAX Platinum Realty