119 53rd Street Southeast
$360,000
—
2,340
2,340
$154
Active Under Contract
Description
Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert...Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.
- Listed by Cornelius R Henderson • RE/MAX AllegianceP: (202)-964-0532 ch@hendersongroupdc.com
Property Details for 119 53rd Street Southeast
Tax ID Number
NO TAX RECORD
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date11-16-2024
SubdivisionMARSHALL HEIGHTS
LISTING UPDATED: 01/14/2025 02:57 PM
Property Details for 119 53rd Street Southeast
Status | Active Under Contract |
---|---|
MLS # | DCDC2168258 |
Days on Market | 27 |
Taxes | $20,155 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1952 |
Lot Size | 0.06 AC / 2,533 SF |
County | District of Columbia |
Building Information for 119 53rd Street Southeast
Stories-Residences4Year Built1952Building Size-Lot Size0.06 AC / 2,533 SF
Property Information for 119 53rd Street Southeast
Property History for 119 53rd Street Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 119 53rd Street Southeast
Taxable ValueLand$142,730Additions$273,360Total$416,090
Tax Record2024$20,804 ($1,734 / month)
Home Facts
Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtStories2Lot Size2,533 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Year Renovated2000ZoningR-2CountyDISTRICT OF COLUMBIAAPN5309 0035
Schools near 119 53rd Street Southeast
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
C.W. Harris Elementary School PublicPK to 5 | ||
Kelly Miller Middle School Public6 to 8 | ||
H.D. Woodson High School Public9 to 12 | ||
Bard High School Early College DC (Bard DC) Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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