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589 COLUMBIA NW ROAD, WASHINGTON, DC 20001
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$1,200,000
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Home Details for 589 COLUMBIA NW ROAD
Price
$1,200,000
Type
Multi Family
Bedrooms
8
Year Build
1980
Lot Size
0.11
County
WASHINGTON
Tax
$11,602
MLS®️ Listing#
DCDC2186456
On exitrealty.com
198 days
Property Description
Great investment opportunity!! Ideal location!! Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Location! Location! Location! Great possibilities! Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
- Cooling Information
- Central Air
- Electric
- Heating Information
- Central
- Forced Air
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: REMAX Platinum Realty - 240-497-0408
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 12:27:44
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EXIT KEYS REALTY
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EXIT KEYS REALTY
1629 K St NW, Ste 300, Washington, DC 20006