1839 Lamont St Nw, Washington, DC 20010

$1,395,000
7
BD
4
BA
2,706
SqFt

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List Price
$1,395,000
Days on Market
0
Status
COMING SOON
MLS#
DCDC2284184
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
2,706
Lot Size (Acres)
0.06
Style
Federal
Year Built
1910
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

A compelling opportunity to buy below assessed value and create immediate equity through renovation in one of Washington, DC’s established residential neighborhoods. 1839 Lamont Street NW offers the increasingly rare combination of an attractive acquisition basis and meaningful upside. Rather than paying a premium for someone else’s finished renovation, a buyer has the opportunity to acquire the property at a favorable basis, make improvements tailored to their own vision, and capture the resulting appreciation. The strategy is straightforward: buy right, renovate intelligently, and build equity from day one. With thoughtful modernization of the interior and a refreshed exterior, the property has the potential to be repositioned into a beautifully updated DC residence while maintaining the character and architectural details of the original home. For an owner-occupant, this is an opportunity to put renovation dollars into your own equity rather than paying a developer’s markup. For an investor, it presents a classic value-add scenario: acquire below assessed value, improve the asset, and establish a substantially stronger basis upon completion. Buy below assessed value. Improve it your way. Capture the upside yourself.

Additional Information

Subdivision
Mount Pleasant
Taxes
$5296
School District
District Of Columbia Public Schools
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
None
Roof
Flat
Water
Public
Sewer
Public Hook/Up Avail
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Samson Properties. Contact: 7033788810