618 55TH STREET
Washington, DC 20019

$89,000 For Sale:
Quick Facts
  • Lot Size:0.04 acres

Description:

Rare Opportunity Alert! Calling all Builders, Investors, and New Construction Aspiring Buyers! Prime Location: Nestled in the heart of Washington, DC, this property occupies a coveted in-fill location strategically positioned between two Metro Stations. Its proximity to downtown and major transportation routes makes it exceptionally convenient for daily commuters and urban explorers alike. Endless Potential: Situated in a burgeoning revitalization area, this property offers a superb opportunity to develop or build a residential masterpiece tailored to your exact needs. The neighborhood's recent transformation has seen a surge in demand, with new single-family homes fetching prices upwards of $550,000. Save and Profit: By purchasing the vacant lot and overseeing the construction yourself, you have the potential to save a substantial amount of money compared to buying a completed property. Moreover, you'll have the satisfaction of creating your dream home while potentially increasing its value over time. Investor's Delight: Savvy investors and builders recognize the incredible return on investment this property offers. With the market on the rise and demand for housing in the area continuing to grow, seizing this opportunity could yield significant returns in the future. Verify and Secure: Prior to making an offer, buyers are encouraged to verify all development possibilities with the appropriate Washington, DC approval agencies. The seller is motivated to close quickly, so don't hesitate to reach out with any questions or schedule a drive-by viewing of the property. Act Now: With its unbeatable location, endless potential, and motivated seller, this property won't last long on the market. Don't miss out on the chance to secure your stake in one of DC's most dynamic neighborhoods. Schedule your viewing today and turn your real estate dreams into reality!

StatusActive
Added to RealtyWatchMarch 15, 2024 - 282 days ago
Listing Office EXIT Right Realty, William Price
MLS IDDCDC2132798

Schedule a Showing

Location

  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON

Lot

  • Zoning: R, 5218/N/0010
  • Current Use: 0

Utilities

  • Utilities: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Source: BRIGHT_MAIN

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.