Exceptional investment opportunity! This building offers two two-bedroom units in a prime location just minutes from Washington, DC. Priced well below market value, reflecting its current condition, this property holds significant potential for value-add improvements. The owner has intentionally priced it with room for future upside, making it an excellent prospect for generating rental income.Please note, the property requires a full renovation, including addressing some structural issues, particularly on the left rear side of the building. Buyers are encouraged to conduct thorough inspections to ensure satisfaction. The listing price has been set to account for these factors, presenting a rare opportunity for those looking to invest and transform this property. This property is being sold in "AS IS" Condition. All offers will be reviewed by 9/27/2024 at 5 p.m. Seller reserves the right to select an offer before that time.
Exceptional investment opportunity! This building offers two two-bedroom units in a prime location just minutes from Washington, DC. Priced well below market value, reflecting its current condition, this property holds significant potential for value-add improvements. The owner has intentionally priced it with room for future upside, making it an excellent prospect for generating rental income.Please note, the property requires a full renovation, including addressing some structural issues, particularly on the left rear side of the building. Buyers are encouraged to conduct thorough inspections to ensure satisfaction. The listing price has been set to account for these factors, presenting a rare opportunity for those looking to invest and transform this property. This property is being sold in "AS IS" Condition. All offers will be reviewed by 9/27/2024 at 5 p.m. Seller reserves the right to select an offer before that time.
Neighborhood
Type
County
Washington
Tax Amount
$569
Status
Active
Listing #
DCDC2160618
Built
1953
Lot Size
0.11
Listed on site
4 hours
Listing Agent Id
121134986713