1224 Raum Ne Street NE, Washington, DC 20002
- $875,000
- 3,552
- SqFt
- Sold Price
- $875,000
- List Price
- $998,000
- Closing Date
- Mar 29, 2024
- Days on Market
- 90
- Status
- CLOSED
- MLS#
- DCDC2118766
- Living Area
- 3,552
- Lot Size (Acres)
- 0.08
- Style
- Traditional
- Year Built
- 1936
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
Price Reduced more than $100K. Now is the time to invest in this wonderful opportunity. Welcome to 1224 Raum St. NE, a fantastic investment opportunity in the heart of Northeast Washington, D.C. This quadruplex building offers not only an income-generating property but also the potential for condo conversion, making it a smart choice for both investors and developers who would like to capitalize on the strong demand for housing in this vibrant neighborhood. The property's location and area revitalization ensures steady appreciation in property values, making it a wise investment choice. The lower level and large backyard could accommodate further development and additional units. 1224 Raum St. NE is vacant and immediately available. Seller is willing to offer a $50,000 credit for roof repairs.
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Additional Information
- Taxes
- $7152
- School District
- District Of Columbia Public Schools
- Heating
- Radiator, Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer