1201 CLIFTON STREET, Washington, DC 20009

$1,398,000 Asking Price

6 beds
4 baths
3,388  sqft
Built in 1910

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.

Features & Amenities

Interior

Basement:
Unfinished
A/C:
None
Heating:
Y, Hot Water, Natural Gas
Disability Feature:
Doors - Swing In

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

General:
Brick, 3, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
R, 2865//0038

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
REMAX Platinum Realty, Don Gladstone

About Washington, DC

Housing

Number of Units
355,879
Median Home Value
$676,049
Median Rent
$1,533

59.41% of housing units are renter occupied.

10.61% are vacant.

Commute

Car
26.04%
Public Transportation
22.45%
Walk to Work
9.05%
Work from Home
38.64%
Other
0.89%

The median travel time to work is 21 minutes.

People

Population
676,761
Median Age
35.60
Median Household Size
2.29

Education

High School
15.71%
Associate’s Degree
2.77%
Bachelor’s Degree
26.24%
Graduate Degree
36.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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