NOT in MLS: 3 Level Rowhome in NW DC (Bloomingdale) for only $649,900! That's $300K+ Below Renovated Comps! (NOT a Short Sale! NOT a Foreclosure!)
54 Florida Ave NW Washington DC 20001
| Sale Price | |
| Sale Price: | $649,900 |
| Estimate Repairs: | $150,000 |
| After repair value: | $950,000 |
| Equity Potential: | $150,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 2 |
| Bathrooms: | 1.5 |
| Levels: | 3 |
| Parking: | Street |
| Square Feet Total: | 1112+572sqft |
| Lot Size(Acres): | .02acre |
| Sale Comps | |
| 78 R St NW (not fully updated) - Sold - $1,045,000 | |
| 36 Florida Ave NW (not fully updated) - Sold - $899,000 | |
| 43 Quincy Pl NW #1 (2 LEVEL CONDO) - Sold - $750,000 | |
Additional Information
RARE FIND IN A HOT AREA!! This 2br, 1.5ba, 3 level rowhome located in the Bloomingdale section of NW DC . Shaw-Howard Univ Metro is only .6 miles away. Unfortunately, we don't have inside pictures for this one, but consider it a typical 'full gut job'. Basement height is 9ft+, so no basement dig out required. Rehab investor can make BIG MONEY on this home as renovated homes in the area are selling for $950K+, but you can purchase this home for only $649,900. That's a $300K+ spread!! Or a savvy, experience investor/developer can make BIG BUCKS by adding a level and sell as 2 condos, where 2 level condo comps are selling for $750K+. So there are a lot of options with this place. Hurry, this home in this area is hard to find!
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.