Pending
  • $360,000

    119 53rd St SE, Washington, DC 20019

    4beds
    --baths
    2,340sqft
    : 
    Quadruplex
    Built in 1952
    -- sqft lot
    $347,700 Zestimate®
    $154/sqft
    $-- HOA

    What's special

    Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.
    266 days
    on Zillow
    |
    14
    |
    0
    |

    Likely to sell faster than

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