4338 Sheriff Ne Road NE, Washington, DC 20019

$800,000

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Sold Price
$800,000
List Price
$849,999
Closing Date
May 09, 2024
Days on Market
204
Status
CLOSED
MLS#
DCDC2115230
Lot Size (Acres)
0.13
Style
Dwelling with Rental
Year Built
1953
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

**INVESTOR’S DREAM: Prime Real Estate Opportunity with Impeccable Potential** Are you seeking a transformative investment opportunity in the heart of a rapidly developing community? Look no further! This exceptional property is INVESTOR-READY and BRIMMING with potential. Here's why this investment should not be missed. The groundwork is already laid with meticulously crafted architectural drawings **Architectural Drawings for improvements on the property to add two additional units to the already existing layout of four units, plus build upwards on the current foundation which has already been reviewed and all documentation needed for permits have been obtained. You have the green light to add two additional units and build upwards on the existing foundation. Say goodbye to the bureaucratic red tape, and hello to accelerated progress. **Solid Foundation & Soil Testing** Safety is paramount, and this property has passed rigorous soil and foundation testing. Your investment is grounded on a solid, verified foundation, ensuring long-term structural integrity. **Private Alley & Parking** Convenience and exclusivity go hand in hand with a private alley and designated parking for occupants. Parking space is a prized asset in urban locales, adding value and desirability to your investment. **Mixed-Use Commercial Property** Versatility is your ally. This property boasts mixed-use capabilities, opening doors to diverse revenue streams. Whether it's apartments, a laundromat, or a combination of both, you're in control of your investment's destiny. BEST PART YET - **Vacant & Ready for Renovation** No tenant-related delays or disruptions. The property is vacant, awaiting your vision and transformation. Get started on your investment journey without hesitation. Perfect Location** Situated in the highly sought-after Deanwood Community, conveniently accessible via highways, metro stations, and city roads. The 295 exit to Nannie Burroughs is just around the corner. Embrace the advantages of a burgeoning community with ample potential for growth. Proximity to Transportation** With the Minnesota Avenue, Benning Road, and Deanwood Metro Stations nearby, this property offers excellent commuter access. Plus, major arteries like 295, 395, Anacostia Freeway, New York Avenue, and Benning Road are within easy reach. Surging Development**: Ride the wave of progress. The surrounding area is witnessing rapid development, making this investment not just a choice but a strategic move for the future. This property is presented as-is, granting you the freedom to craft its future. If you're a savvy investor seeking an opportunity brimming with potential and located in one of the most promising communities, don't let this slip through your fingers.

Additional Information

Subdivision
Deanwood
Taxes
$5769
Stories
2
School District
District Of Columbia Public Schools
Middle School
Kelly Miller
Heating
Heat Pump - Gas BackUp
Heating Fuel
Natural Gas
Cooling
Central A/C
Utilities
Natural Gas Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Preferred Properties. Contact:

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