About 589 Columbia Rd Nw
Great investment opportunity!! Ideal 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. Location! Location! Location! Great possibilities! 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. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
Features of 589 Columbia Rd Nw
| MLS® # | DCDC2192558 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1980 |
| Type | Multi-Family |
| Sub-Type | Other, Detached |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 589 Columbia Rd Nw |
|---|---|
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20001 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | 90% Forced Air |
|---|---|
| Cooling | Central A/C |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Foundation | Brick/Mortar |
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Zoning | R |
|---|---|
| Foreclosure | No |
| Short Sale | Yes |
| RE / Bank Owned | No |
Listing Details
| Office | REMAX Platinum Realty |
|---|