IGNORE DOM. Previous Contract fell through. Back on the market buyer financing fell through. huge price improvement!!Amazing location not far from two metro stations bus line near by totally remodeled recently. EACH UNIT IS SEPARTELY METERED Well maintained building All four unit have Central AC. UNIT 1 and 2 are handicap accessible. UNIT ONE AND 4 ARE VACANT. All four units have WASHER AND DRYER HOOK UP AND UNIT 3 HAS WASHER AND DRYER. Great tenants unit 2 and 3 are on section 8. YOU HAVE TWO UNITS VACANT U CAN LIVE IN ONE AND RENT THREE OF THEM. Premium title and escrow preferred as they have done work on the property.
Welcome to 4013 Gault Place NE, a fully renovated and VACANT six-unit apartment building ideally situated in the heart of the rapidly growing Deanwood neighborhood of Washington, DC. Just steps from the Minnesota Avenue Metro Station, this property presents a rare and exciting opportunity for investors. Gut-renovated within the past few years, the building features modernized systems, updated electrical, new appliances, and refreshed exteriors—making it move-in ready for tenants. With market rents for two-bedroom units estimated at approximately $2,400 per month, the property is positioned for strong and immediate income potential. The unbeatable location offers unparalleled connectivity via the Minnesota Avenue Metro Station, serving the Orange and Silver lines, as well as quick access to major roadways, including I-295, I-495, I-95, and Route 50. Tenants will also benefit from the nearby Minnesota Avenue retail corridor, which provides convenient shopping, dining, and an array of amenities, with more on the horizon as the neighborhood continues to evolve. Don’t miss this exceptional investment opportunity to own a fully updated, high-income-potential property in one of DC’s most up-and-coming neighborhoods.
Investment Opportunity in Southeast DC Welcome to 3024 Nelson Pl SE, a fantastic four-unit building in Washington, DC, offering a prime investment opportunity. This well-maintained property features three vacant units, providing immediate rental income potential, and one occupied unit generating steady revenue. Conveniently located near the Benning Road and Minnesota Ave Metro Stations, residents have access to the Blue, Orange, and Silver lines. The property also offers easy access to I-295, I-695, and Route 50, making commuting to downtown DC, Maryland, and Virginia a breeze. Nearby shopping includes the Shops at Dakota Crossing with popular stores like Costco, Lowe's, and Dick's Sporting Goods, along with various grocery stores and local eateries. With its prime location and income-generating potential, 3024 Nelson Pl SE is perfect for both seasoned investors and those looking to expand their portfolio in a rapidly developing area of the nation's capital!
THE BUILDING The property is an existing two-story semi-detached multifamily apartment building containing a total of four, potentially five, dwelling units with 3,162 square feet of gross building area, plus an unfinished basement level (according to the tax record). The building was constructed in 1943 and reportedly completely renovated in 2021. The zoning is R-2 (Residential Zone) and the lot size is 4,053 square feet, or 0.09 acres. There are four 3 BR / 1 BA units, with two on each floor, plus the potential for a fifth unit in the basement. The basement unit is currently unfinished, but the active BBL issued on March 1, 2023 allows five units. Utility providers are DC Water and Sewer Authority, PEPCO, Washington Gas, and Verizon. THE NEIGHBORHOOD The nearest fire and police stations are within one mile of the property. The local school system includes Kimball Elementary School, Sousa Miller Middle School, and Anacostia High School. Major colleges and universities are Georgetown, George Washington, and American Universities in Washington, DC, as well as the University of Maryland, College Park in Maryland. The main access into the neighborhood is the Baltimore-Washington Parkway/Anacostia Freeway (Route 295). Access to the area from the Anacostia Freeway is provided by Kenilworth Avenue NE to Minnesota Avenue SE and then to D Street SE. Public transportation is provided by the Washington Metropolitan Area Transit Authority (WMATA) and provides access throughout Washington, DC and to major destinations in suburban Maryland and Virginia. According to WMATA, the nearest subway station is the Benning Road Metrorail Station (Blue Line), located about 1.5 miles from the property. The closest bus stop is about two blocks east of the property at the corner of Minnesota Avenue SE and 34th Street SE. THE OPPORTUNITY This property is being sold by a Chapter 7 Bankruptcy Trustee, therefore the sales are exempt from DC’s Tenant Opportunity to Purchase Act (TOPA). This allows for an expedited acquisition process, including necessary Bankruptcy Court approval.
Perfect House-Hack opportunity. Live in one unit and offset your living expenses! Two-story income-generating duplex! Each floor offers separate front and rear entrances, ensuring privacy for both units. Each unit features one bedroom, one full bathroom, a kitchen, and a family/dining room. Unit 1 is vacant; Unit 2 is occupied. 17 brand new townhomes are being developed directly behind the property! Property is 1 mile from Deanwood Metro-Station. Come invest in an emerging submarket!
ASSUMABLE FHA LOAN UNDER 2.7% FOR OWNER-OCCUPANT/HOUSE HACKERS !! Nestled in the thriving Deanwood neighborhood, this 2-unit duplex at 4520 Eads St NE, Washington, DC, offers the perfect blend of convenience and investment potential. With close proximity to Minnesota Ave Metro Station and easy access to major highways such as I-295 and Route 50, commuting around the city and beyond is a breeze. Nearby, you'll find grocery stores like Safeway and Aldi for all your daily essentials, while Deanwood Recreation Center and Library provide opportunities for fitness and community engagement. This property is also just minutes away from local attractions, including Kenilworth Park and Aquatic Gardens, offering serene green spaces and trails for outdoor enthusiasts. SHOWINGS ONLY BY APPOINTMENT ON SATURDAYS
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
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.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan. Seller is willing to offer credit to assist.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan Seller is willing to offer credit to assist. Dont wait. Act now.
Don't miss out on the opportunity of a lifetime to get in on the ground floor in rapidly developing Deanwood. Either as an owner occupant or an investor that's looking to expand their portfolio. These properties could qualify for a low down payment FHA loan.Seller is willing to offer credit to assist. Dont wait. Act now.
The median home value in Washington, DC is $644,900. This is higher than the county median home value of $640,500. The national median home value is $338,100. The average price of homes sold in Washington, DC is $644,900. Approximately 37.39% of Washington homes are owned, compared to 52.68% rented, while 9.93% are vacant. Washington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia 20019 has a population of 683,154. Washington 20019 is more family-centric than the surrounding county with 26.44% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia 20019 is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington 20019 is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.