SE DC 3 Level Rowhome in Capitol Hill Walking Distance to Metro for Only $584,900! That's $490K+ LESS than renovated comps!

409 16th St SE Washington DC 20003

The Numbers
Sale Price: $584,900
Needed Upgrades: $250,000
After Repair Value: $1,075,000
Spread: $490,000
Description of Home
Type: Rowhome
Bedrooms: 3
Bathrooms: 1
Levels: 3
Parking: Street
Square Feet Total: 1169+574
Sale Comps
405 16th St SE - Sold - $1,075,000
 
340 14th St SE - Sold - $1,070,000
 

Additional Information

Rare Capitol Hill location, walking distance to Potomac Ave Metro!! This 3 bedroom, 1 bath, 3lvl rowhome is waiting for you to gut and bring this home back to life! Similarly sized rehabbed properties in the same area selling for $1,075,000+, making this home A STEAL AT ONLY $584,900... That's $490K of "spread"!! Hurry this deal won't last! NOTE: This property is listed as 'under contract' in MLS, but the Sentrilock has been removed from the home. Please do not contact the listing agent to see the home (they are aware we are re-marketing the home). We are the purchasers looking to resell the property right after we close on it to buy it (separate transaction). If you are an agent, you will still be paid a 2.5% commission if you bring a buyer (wholesalers will, also). Please email us to be notified of the designated showing time for this home.

Contact Person:

Greg Norman


Scan/Email contract to:

Greg@MyOffMarketHomes.com

Door Directions

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.