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119 53RD STREET
Washington, DC 20019
Quick Facts
- Area:2340sq ft
- Style:Colonial
- Year Built:1952
- Lot Size:0.06 acres
Description:
Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.
| Status | Backup |
| Added to RealtyWatch | November 14, 2024 - 42 days ago |
| Listing Office | RE/MAX Allegiance, Cornelius R Henderson |
| MLS ID | DCDC2168258 |
Schedule a Showing
Interior
- A/C: None
- Heating: Y, Forced Air, Natural Gas
- Disability Feature: None
Exterior
- General: Above Grade,Below Grade
- Style: Colonial
Construction
- General: Brick, Slab
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: R-2, NO TAX RECORD
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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