Washington, DC 20001,589 COLUMBIA RD NW
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
24
Dec
Thu
25
Dec
Fri
26
Dec
Listed by Don Gladstone • REMAX Platinum Realty
$ 1,200,000
Est. payment | /mo

4,791 Sqft Lot


Save
$ 1,200,000
Est. payment | /mo
Save

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2186456

Style Colonial

Year Built 1980

Annual Tax Amount $11,602

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning R

Interior

Hot Water Electric

Cooling Central A/C

Fireplace N

Heat Source Central

Exterior

Water Access N

Accessibility Other

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3051//0825

Ownership Fee Simple

Special Listing Condition Short Sale

Bright MLS (BMLS)
Alicia Stukes

Find out why customers are choosing LPT Realty to meet their real estate needs

Learn More About LPT Realty

Name
Phone*
Message

Tour the Home

589 COLUMBIA RD NW