Come! Explore profitable opportunities! 3-4 unit end-of-the-row townhouse investment. Either update the property in its current layout as a long term rental or complete renovation / condo conversion. Alternatively, live in one and take advantage of DC’s short-term rental opportunities. This unit has approximately 4,644 SF on 4 levels, with windows basking in sunlight. Multiple unit configurations are possible. The current structure consists of 3 two bedroom one bath apartments with an unfinished lower level and shared laundry. Gross lease potential per month in its current state w/some improvement is upwards of $14000.00. The property comes with a Certificate of Occupancy for 3 units. Property is vacant and ready for occupancy/renovation. Seller is in the final stages of building permit with DC DOB for a 3-Unit Condo Conversion. (Such plans are an added asset and subject to negotiation). Property is ideally located within walking distance of Columbia Heights and U Street Metro stations, Wholefoods Store, numerous shopping, dining, and entertainment options. Easy access to multiple bus lines with direct service to downtown DC. Walk score 93.
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