589 Columbia Road Northwest
$1,300,000
8
4
7,132
7,132
$182
Description
Investment Opportunity in Prime 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. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details:
Unit Configuration: Four units, each featuring two bedrooms
Potential for Expansion: Ample space available to comfortably rebuild units...Investment Opportunity in Prime 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. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. 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. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note:
Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
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. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details:
Unit Configuration: Four units, each featuring two bedrooms
Potential for Expansion: Ample space available to comfortably rebuild units...Investment Opportunity in Prime 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. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. 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. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note:
Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
- Listed by Tohmai Smith • RLAH @propertiesP: (202)-638-9497 tohmai.smith@rlahre.com
Property Details for 589 Columbia Road Northwest
Tax ID Number
3051//0825
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeDetached
StyleOther
Levels/Stories2
WaterfrontNo
LISTING UPDATED: 08/14/2024 06:11 AM
Property Details for 589 Columbia Road Northwest
Status | Active |
---|---|
MLS # | DCDC2134032 |
Days on Market | 254 |
Taxes | $10,800 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1980 |
Lot Size | 0.11 AC / 4,791 SF |
County | District of Columbia |
Building Information for 589 Columbia Road Northwest
Stories2Year Built1980Building Size-Lot Size0.11 AC / 4,791 SF
Property Information for 589 Columbia Road Northwest
Property History for 589 Columbia Road Northwest
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 589 Columbia Road Northwest
Taxable ValueLand$478,960Additions$885,930Total$1,364,890
Tax Record2024$11,602 ($967 / month)
Home Facts
Total Finished SqFt5,349 SqFtAbove Grade Finished SqFt5,349 SqFtStories2Lot Size4,791 SqFtStyleMulti-Family Res (5+ Units)ZoningRF-1CountyDISTRICT OF COLUMBIAAPN3051 0825
Schools near 589 Columbia Road Northwest
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 - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Bruce-Monroe Elementary School @ Park View PublicPK to 5 | ||
MacFarland Middle School Public6 to 8 | ||
Roosevelt High School @ MacFarland Public9 to 12 | ||
C.H.O.I.C.E. Academy @ Washington Met Public7 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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