$ 360,000
-
$360,000
Price -
4
Bed - Bath
-
2,340
SqFt
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About the Listing RMAX17 - 3011527
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.
Listing Highlights for 119 53rd St SE
Status
Pending
Days on Site
301
Property Type
Multi-Family
MLS ®
DCDC2168258
Year Built
1952
Total Square Footage
2,340
Lot/Acreage
0.06
County
Washington
Neighborhood
Marshall Heights
School District
District Of Columbia Public Schools
Elementary School
C.W. Harris
Middle School
Kelly Miller
High School
H.D. Woodson
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2340
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $20,155
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
119 53rd St SE Washington, DC 20019
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