About 589 Columbia Rd Nw
Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
Features of 589 Columbia Rd Nw
MLS® # | DCDC2134032 |
---|---|
Price | $1,400,000 |
Bedrooms | 8 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 7,132 |
Acres | 0.11 |
Year Built | 1980 |
Type | Residential |
Sub-Type | Detached |
Style | Other |
Status | Active |
Community Information
Address | 589 Columbia Rd Nw |
---|---|
Subdivision | COLUMBIA HEIGHTS |
City | WASHINGTON |
County | WASHINGTON-DC |
State | DC |
Zip Code | 20001 |
Amenities
Is Waterfront | No |
---|
Interior
Heating | None |
---|---|
Cooling | None |
Has Basement | Yes |
Basement | Interior Access, Outside Entrance |
Fireplace | No |
# of Stories | 2 |
Stories | 2 Story |
Exterior
Exterior | Brick and Siding |
---|---|
Foundation | Brick/Mortar |
School Information
District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
---|
Additional Information
Zoning | RF-1 |
---|---|
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RLAH @properties |
---|---|
Contact Info | 2025188781 |