5000-5000 Blk of H St SE #1 in Washington, DC 20019 26Condos

$0
Off-Market / For Sale
14499 Property ID

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 at

    This 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

  • Country United States
  • City/Town

Overview

array(2) { [0]=> string(15) "property-status" [1]=> string(13) "property-type" }

Similar Properties