423 Burbank St Se, Washington, DC 20019

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List Price
$550,000
Days on Market
0
Status
ACTIVE
MLS#
DCDC2283950
Lot Size (Acres)
0.12
Year Built
1953
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Multi-Family Investment & Development Opportunity: 6-Unit Building. Investors, developers, and builders—opportunity and potential galore await at this 6-unit apartment building in the sought-after Fort DuPont Park area. Offered as a short sale and needing work, this property provides a clean slate for a full renovation, repositioning, or a lucrative condo conversion project. A solid 6-unit building featuring 2-bedroom, 1-bathroom floor plans in each unit. Massive upside potential with an estimated gross monthly rent of at least $8,000+ upon full renovation, or explore the lucrative path of a condo conversion. Close and convenient to everything—including Fort DuPont Park, the Benning Road Metro Station, neighborhood shopping, restaurants, coffee shops, schools, churches, and public recreation centers. AS-IS Sale. Property is sold strictly in "As-Is, Where-Is" condition. Buyer is to pay a short sale negotiation fee of 1% or $5,000, whichever is greater. Cash or hard money/renovation financing preferred. Inspections are for informational purposes only.

Additional Information

Subdivision
Fort Dupont Park
Short Sale
Yes
Taxes
$8390
School District
District Of Columbia Public Schools
Elementary School
Plummer
Middle School
Kelly Miller
High School
Eastern Senior
View
City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
None
Roof
Other
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Realty Group. Contact: