5000-5000 Blk of H St SE #1 in Washington, DC 20019 26Condos
Description
- 5000-5000 Blk of H St SE #1 in Washington, DC 20019
OFF Market 26 Condos in Washington2Beds/1.5Baths
ASKING PRICE- $3.5 Million
Built in 2012 – 21,760Sq Ft
**Attention Investors and Developers!**Don’t miss out on this incredible opportunity located atThis property in Marshall Heights offers 26 condos on a spacious 0.56-acre lot, zoned R-1.
Built in 2012, this building is currently vacant with each unit consisting of 2 bedrooms and 1.5 bathrooms.
While some units require renovation, the overall building condition is good, and there is ample parking available. With a building quality rating of B and the advantage of being condos (bypassing TOPA regulations), this property presents a significant value-add opportunity.
Post-renovation projections estimate a value of 5.7 million dollars, with each unit potentially fetching between
$250,000 to $300,000.
Whether you choose to sell individually or opt for a buy-and-hold strategy, the potential for ROI is substantial.
Act now and unlock the full potential of this property!
Address
-
Address 5000-5000 Blk of H St SE #1 in Washington, DC 20019 26Condos
-
Country United States
-
City/Town DMV
Overview
- Property ID 14499
- Price $3,500,000
- Property Type Apartments Buildings, Condominium
- Property status Off-Market / For Sale
- Bedrooms 2
- Bathrooms 1.5
- Year Built 2012
- Size 21,760 SqFt
- Label FOR SALE
Contact
Patriarch Property MGMT LLC.
Similar Properties
1500 Blk of Oates St NE, Washington, DC 20002 2Beds/1Bath Asking Price: $1,400,000 Built in 1938 – 9,384Sq Ft 12 Units Multifamily Property
3500 Block 16th St NW, Washington, DC 20010 4Beds/4Baths Asking Price 920K ARV (2 Condos) 2M ARV (Regular) 1.5M+ Average Rent $5,381 Year Built: 1921 – 2,529 SqFt – 1,301 Sqft Lot
4700 Blk of Galveston Pl SW Washington, DC 20032 – 4 unit8Beds/4Baths Asking Price 590k Built in 1943 – 2,720Sq Ft the 4 unit was converted to 2 – 4bedroom units and 2 bathroom units
1000 Blk of Manor Cir, Takoma Park, MD 20912
$4,984,0001000 Blk of Manor Cir, Takoma Park, MD 2091228 Units in Takoma Park, MD: Asking Price: $4,984,000.00Unit Breakdown: 12 units with 1 bed and 1 bath 16 units with 2 beds and 1 bathCapex Details: Built in 1942 – Roof updated 7 years ago Several renovated units Window units for A/C Radiated heat Separate gas […]