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589 COLUMBIA ROAD
Washington, DC 20001
Quick Facts
- Bedroom:8
- Baths:4
- Area:7132sq ft
- Style:Other
- Year Built:1980
- Lot Size:0.11 acres
Description:
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.
| Status | Active |
| Added to RealtyWatch | March 25, 2024 - 272 days ago |
| Listing Office | RLAH @properties, Tohmai Smith |
| MLS ID | DCDC2134032 |
Schedule a Showing
Interior
- Basement: Interior Access,Outside Entrance
- A/C: None
- Heating: None
- Disability Feature: None
Exterior
- General: Above Grade,Below Grade
- Style: Other
Construction
- General: Brick, 2, Brick/Mortar
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: RF-1, 3051//0825
- Current Use: 0
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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