NOT in MLS: 4 Unit Building in Woodridge Section of NE DC for only $649,900! That's $250K+ Below Comps! (NOT a Short Sale or Foreclosure!)
2407 21st Pl NE Washington DC 20018
| Sale Price | |
| Sale Price: | $649,900 |
| Estimate Repairs: | $140,000 |
| After repair value: | $899,900 |
| Equity Potential: | $100,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Levels: | 2 |
| Parking: | Street |
| Square Feet Total: | 3168 |
| Lot Size(Acres): | Less Than 0.25 |
| Sale Comps | |
| 1241 Jackson St NE - Sold - $899,900 | |
| 1332 Bryant St NE (sold as-is) - Sold - $690,136 | |
| Rent Comps | |
| 1304 Adams St NE #1 - Active - $1564 |
Additional Information
INVESTOR ALERT!! This 4 unit building in the Woodridge section of NE DC has 4 2br 1ba units on 2 levels w/ an unfinished basement where utilities currently are housed. Although 2 of the units are currently occupied, it will be completely vacant by closing (projected Jane 1). All major systems (forced air heat, window a/c units, & roof) are all relatively old, but still working. 2br units in the area are going for $1,500+/month, making this a CASH COW in a great growing area. Renovated buildings in the area are selling for $899K+, but you can buy this building for only $649,900!! That's a $250K+ spread!... Giving you plenty of room to purchase, renovate, and rent out with a HUGE EQUITY POSITION. Plus, its priced well below ANYTHING of similar size and area in MLS. BETTER HURRY BEFORE THIS OPPORTUNITY IS GONE!!
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.