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1324 SE RIDGE PLACE, Washington, DC 20020
$335,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
1,216
sqft
Built in
1925
HUGE PRICE REDUCTION TO $335,000 - MAXIMIZE YOUR INVESTMENT POTENTIAL! This incredible property offers an unbeatable opportunity to generate steady income while enjoying a comfortable place to call home. With its versatile layout and prime location, the possibilities are endless! 1) Income-Generating Opportunity: The property features a charming English basement with front and rear entrances, making it ideal for a small business or a rental unit. 2)Move-In Ready: A fresh canvas with minimal updates needed to make it your own. 3)Parking Potential. Rear space allows for up to two private parking spots-simply remove the fence and add a garage enclosure. This home is perfect for owner-occupancy while capitalizing on its income-generating potential. Imagine living in the upper two floors while renting out or running a small business from the fully equipped lower level, which includes a full bath, kitchen, and enclosed porch-a cozy retreat for a den or TV room. Spacious Upper Levels: Enjoy a generous living space, two bedrooms, and a home office. Prime location: Nestled across the bridge from the National Park and just minutes from the Wharf, this property is conveniently situated near a variety of dining and entertainment options such as Busboys & Poets, King City Restaurant, and Mama's Pizza Kitchen Savages. Its proximity to public transportation and highways (I-695, I-295) makes commuting a breeze, with the Metro Yellow and Green Lines nearby. Don't Miss This Unique Opportunity! Whether you're looking to live , invest, or both this property is a true gem with endless potential. ACT NOW and turn this versatile property into your dream home and a profitable investment!
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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