Detached, Single Family - WASHINGTON, DC for Sale 2831 Otis St Ne, Washington, DC 20018
For Sale $550,000
- 3 Bedrooms
- 1 Bathrooms
- 0 sqft
Detached, Single Family - WASHINGTON, DC for Sale 2831 Otis St Ne, Washington, DC 20018
For Sale $550,000
- 3 Bedrooms
- 1 Bathrooms
- 0 sqft
- Price: $550,000
- Rooms: 3 bed(s) 1 bath(s)
- Home Area: 0 sqft
- Year: 1946
- Property ID: 6485236
- Listing Agent: Tanya L Slade
- Listing Company: Long & Foster Real Estate
- Phone: 888-536-0216
- MLS Number: DCDC2145268
- Posted On: Jul 4, 2024
- Updated On: Jul 10, 2024
Cheap House Description
Offers reviewed Thursday July 9th. Attention Investors! This property offers substantial potential for renovation and expansion. Situated on a spacious 7200 sqft lot with alley access, the house includes a walk-out basement, allowing for expansion on three levels by extending the rear of the property. It is ideal for investors looking to maximize returns through strategic upgrades. Investors take note! This property boasts a prime location on a one-way street directly across from the Missionaries of Charity. The area is witnessing a trend of investors expanding homes and adding garages or accessory dwellings to maximize space and value.Expansion Potential: With alley access and a walk-out basement, this property offers ample opportunity for renovation and multi-level expansion.Consider 203k rehab loans or cash purchases to capitalize on this promising investment.
Listing Status: Active
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Original Listing