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INVESTOR SPECIAL!! GENEROUS AND STUNNING PRICE IMPROVEMENT!! APPROVED PERMIT***SHOVEL READY, 3-Unit Condo Conversion! Come! Explore profitable opportunities! 3-4 unit end-of-the-row townhouse investment. Either update the property in its current layout as a long term rental or complete renovation / condo conversion. Alternatively, live in one and take advantage of DC's short-term rental opportunities. This unit has approximately 4,644 SF on 4 levels, with windows basking in sunlight. Multiple unit configurations are possible. The current structure consists of 3 two bedroom one bath apartments with an unfinished lower level and shared laundry. Gross lease potential per month in its current state w/some improvement is upwards of $16,000.00. The property comes with a Certificate of Occupancy for 3 units. Property is vacant and ready for occupancy/renovation. Property is ideally located within walking distance of Columbia Heights and U Street Metro stations, Wholefoods Store, numerous shopping, dining, and entertainment options. Easy access to multiple bus lines with direct service to downtown DC. Walk score 93.
This listing courtesy of:
REMAX Platinum Realty, Don Gladstone
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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59.41% of housing units are renter occupied.
10.61% are vacant.
The median travel time to work is 21 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.