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526 Newton Place NW

WASHINGTON, DC 20010
  • $1,300,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: DCDC2129544
$1,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Reston. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-21T09:40:31.47.
www.thepianohomegroup.com/homes/148210718
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526 Newton Place NW WASHINGTON, DC 20010

  • Price: $1,300,000
  • Status: Active
  • On Site: 51 Days
  • ID#: DCDC2129544
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1953
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
Exterior Features

Construction Materials Brick Garage YN No Lot Features Additional Lot(s) Parking Types On Street Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3960.00 Cooling Multi Units Heating Central Heating YN Yes Net Square Feet 3960.00

Property Features

Acceptable Financing CashConventionalExchangeFHAFHA 203(b)FHA 203(k)Installment SaleJoint VenturePrivateOther Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 802880833874 Ownership Interest Cooperative Property Sub Type Five Or More Units Sale Type Standard Sewer Public Septic Tax Annual Amount 5525.00 Tax Lot 815 + 816 Vacation Rental YN No Water Source Public Zoning RES COOPERATIVE - HORIZON

Listing courtesy of TTR Sotheby's International Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Reston. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-21T09:40:31.47.
 
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