Investor’s Dream in Booming Anacostia!
Investor’s Dream in Booming Anacostia! This RA-2 zoned, VACANT (NO TOPA) semi-detached duplex will come ready for transformation, with Approved Plans and a Building Permit for legal 2-Units with 2 Bedrooms and 1 Bath in EACH unit. Comparable ARV projections reach $715K (see sold comp at 1638 16th St SE). Moreover, one can take advantage of the RA-2 zoning’s potential for a lucrative 4-unit conversion, each unit offering 900 sq ft, with a combined ARV surpassing $1M (check out 1721 Minnesota Ave SE for recent success). This property requires full renovation and is sold strictly AS-IS. CASH buyers only — NO contingencies. Offered at an EXCELLENT PRICE, this is a rare chance to maximize your return in a fast-growing area. Don’t miss out—secure your investment now and capitalize on Anacostia’s dynamic market!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $374,000 | $297 | EXP Realty, LLC |
Year | Annual Amount | Description |
---|---|---|
$2,479 |
Middle School Kramer Middle School | 0.1 miles away | 06 - 08 | |
Kindergarten Kipp Dc Leap Academy | 0.1 miles away | PK - KG | |
High School Anacostia Shs | 0.1 miles away | 09 - 12 |