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$550,000

Beds
4
Baths
4.0
sq ft
2,878

1348-1350 U SE, Washington, DC 20020

1348-1350 U SE

WASHINGTON, DC 20020

  • 232 days on market
MASSIVE PRICE DROP INVESTMENT OPPORTUNITY HANDY-PERSON SPECIAL INSTANT EQUITY BUILDING An incredible chance awaits! See Matterport for measurements and interior possibilities! This detached home on a double lot is the perfect canvas for investors or homebuyers eager to create their dream space. The basement has been partially excavated with a rear entrance, offering potential for expanding the floor plan. Currently, gutted with all the walls, electrical and plumbing removed. The layout provides over 2900 sq. ft. of estimated livable space. With its lofty ceilings and spacious doorways, the potential interior design allows for versatile living arrangements. With a little imagination, you can use your personalized design to revive this home. Sold as-is, requiring specific financing (FHA-203K, cash, renovation loans, etc.). This is a gutted that we rehab with floor plan and permit in place.

Details

Property type

Est. home value

$555,489

Lot size

Unknown

Price per sq ft

$192

Year built

1905

Annual property taxes

$27,243

HOA

No

Price History

11/17/2023

Bright #DCDC2119516

Listed
$550,000

Schools & Community

Neighborhood: 

Skyland

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fulton Bank Na

Loan start date

October 2020

Original loan amount

$537,200

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Building or Construction Loan

Seller

1348-1350 Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/06/2024 at 12:25 AM

Listing updated: 05/23/2024 at 6:13 AM

Listed by: WAI LUN L LEUNG, Century 21 Redwood Realty Phone #: (202) 506-3674

MLS: Bright #DCDC2119516

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