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1324 SE RIDGE PLACE, Washington, DC 20020
$399,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,216
sqft
Built in
1925
HUGH PRICE REDUCTION TO $399,000 MAKES THIS A VALUE ADDED PROPERTY- SOURCE OF INCOME PLUS A PLACE TO LIVE!! This is a fantastic opportunity! This property offers excellent potential for owner-occupancy with the added benefit of generating a steady income stream. The property includes a wonderful English basement with separate front and rear entry, perfect for a small business or rental unit. It is move-in ready with minor changes to personalize it to fit your style. You can also install a garage enclosure in the rear for private parking. The owner is open to negotiations and will consider all reasonable offers. Don't miss out on this unique opportunity. This terrific single-family home would be a profitable investment. You can live in the upper two floors and have a small business in the lower level, complete with a full bath and kitchen and front and rear entryways. Upstairs, you will find a generous living space, an office and two additional bedrooms, with the enclosed porch area being perfect for a cozy den or TV room. There is also the potential for parking (2 spaces) in the rear if you choose to remove the fence and add a garage enclosure. This location provides easy access to public transportation and community amenities. It is located just across the bridge from the National Park, the Wharf, and numerous nearby dining options such as Busboys & Poets, King City Restaurant, and Mama's Pizza Kitchen Savages. Situated at the crossroads of Highways 695 & 295, it is only minutes away from Pennsylvania Ave and the nearby Metro Yellow and Green Lines.
Features & Amenities
Interior
- Laundry:
- Lower Floor,Dryer In Unit,Washer In Unit
- Basement:
- English,Daylight, Full,Connecting Stairway,Fully Finished,Heated,Outside Entrance,Rear Entrance,Space For Rooms,Walkout Level,Interior Access,Improved
- Flooring:
- Hardwood
- A/C:
- Ceiling Fan(s)
- Heating:
- Y, Hot Water, Natural Gas
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Colonial
- Parking:
- Fenced
Construction
- Roofing:
- Unknown
- General:
- Brick, 3, Brick/Mortar
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- R, 5603//0074
- Current Use:
- 0
Utilities
- Utilities:
- Cable TV,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Realty Pros, Nancy J Ricks
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
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 *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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