NOT in MLS: 3 Level Rowhome in SE DC (Capitol Hill East) Walking Distance to Metro with 2 Car Detached Garage for $859,900! That's $400K+ Below Renovated Comps!
803 Kentucky Ave SE Washington DC 20003
| Sale Price | |
| Sale Price: | $859,900 |
| Estimate Repairs: | $240,000 |
| After repair value: | $1,260,000 |
| Equity Potential: | $160,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 3 |
| Bathrooms: | 1.5 |
| Levels: | 3 |
| Parking: | 2 Car Garage |
| Square Feet Total: | 1980+1130 |
| Lot Size(Acres): | .06 acres |
| Sale Comps | |
| 1603 G St SE - Sold - $1,303,500 | |
| 1427 Potomac Ave SE - Sold - $1,239,000 | |
Additional Information
HOT LOCATION! This 3 level townhouse with a 2 car detached garage is located in the Capitol Hill East section of the SE DC, walking distance to the Potomac Ave Metro. This home has a huge amount of space compared to most sold comps (3111 total sqft). It was also previously used as a 2 unit dwelling, including having an additional fire escape from 2nd floor. But you would have to confirm the legality of using it as a 2 unit, and I recommend looking into adding a 4th floor while you are at it! :-) The home needs a complete rehab, but there is plenty of spread to bring this home back to life and PROFIT BIG TIME!! Similar homes in the area are selling for $1,260,000+, but you can purchase this home for only $859,900. That's a $400K spread!! Hurry, this opportunity will not last!
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.