Endless opportunities to transform this 3-unit end-of-the-row townhouse into a profitable investment. Either update the property in its current layout as a long-term rental or a complete renovation / condo conversion. Alternatively, live in one and take advantage of DC's short-term rental opportunities. With nearly 4500 SF on four levels with windows basking in sunlight, multiple unit configurations are possible. The current property configuration consists of three, two-bedroom one-bath apartments with an unfinished lower level with shared laundry. Most recent leases grossed $6490 per month. The property has Certificate of Occupancy for three units and is vacant and ready for renovations. Ideally located within walking distance of Columbia Heights and U Street Metro Stations, new Wholefoods store, 9:30 Club, numerous shopping, dining, and entertainment options. Easy access to multiple bus lines with direct service to downtown DC. Walk Score 93.
With over sixteen years experience and his MBA in Real Estate Finance, Andrew provides his clients superior financial analytics before making one of the most important financial decisions.Let's Connect