589 Columbia Rd Nw, WASHINGTON, DC 20001
Local realty services provided by:Mountain Realty ERA Powered
589 Columbia Rd Nw,WASHINGTON, DC 20001
$1,200,000
- 8 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:don gladstone
Office:remax platinum realty
MLS#:DCDC2186456
Source:BRIGHTMLS
Price summary
- Price:$1,200,000
About this home
Great investment opportunity!! Ideal location!! Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Location! Location! Location! Great possibilities! Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
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Home facts
- Year built:1980
- Listing Id #:DCDC2186456
- Added:142 day(s) ago
- Updated:August 17, 2025 at 01:30 PM
Rooms and interior
- Bedrooms:8
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Central
Structure and exterior
- Year built:1980
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Tax amount:$11,602 (2024)
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