589 Columbia Rd NW, Washington, DC 20001

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589 Columbia Rd NW, Washington, DC 20001

$1,400,000 (Active)

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$1,400,000

Active

est.$1,400,000/month.

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8 beds. 4 baths. 4,791 Sqft.

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Agent

Lee Stillwell
lee@leestillwell.info
3013497939
83725

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Start My Approval

589 Columbia Rd NW, Washington, DC 20001

$1,400,000

Active

est.$1,400,000/month.

Start My Approval

8 beds 4 baths 4,791 Sq.ft.

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Property details for 589 Columbia Rd NW, Washington, DC 20001

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.

Broker details: RLAH @properties

Listed by: Tohmai Smith

Property Description

MLS Information

Listing: DCDC2134032
Listing Last Modified: 2024-03-25

Property Details

Standard Status: Active
Property style: Other
Built in: 1980
Subdivision: COLUMBIA HEIGHTS

Geographic Data

County: WASHINGTON
MLS Area: COLUMBIA HEIGHTS
Directions: Head north toward T St NW 112 ft Turn right onto T St NW 0.1 mi Turn left onto 7th St NW 259 ft Continue onto Georgia Ave NW Pass by Chipotle Mexican Grill (on the right in 0.3 mi) 0.8 mi Turn right onto Harvard St NW May be closed at certain times or days 0.1 mi Harvard St NW turns left and becomes Hobart Pl NW 341 ft Turn left onto Warder St NW 246 ft Turn left onto Columbia Rd NW Destination will be on the right 312 ft 589 Columbia Rd NW, Washington, DC 20001

Features

Interior Features

Bedrooms: 8
Full baths: 4
Living area: 7132

Exterior Features

Parking

Utilities

Sewer: Public Sewer
Water: Public

Property Information

Tax Information

Tax Annual Amount: $10,800

Lee Stillwell

589 Columbia Rd NW, Washington, DC 20001