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$1,197,000

Beds
4
Baths
3.5
sq ft
2,220

1510 Spring Pl NW, Washington, DC 20010

1510 Spring Pl NW

WASHINGTON, DC 20010

  • 58 days on market
Immerse yourself in this newly renovated iconic Wardman rowhouse in the vibrant neighborhood of Columbia Heights. This property beckons with the promise of a unique opportunity - a legal separately metered income-producing unit that opens up a world of potential. Picture yourself living in the luxurious main unit, with 3 bedrooms, 2.5 bathrooms, and a bright gourmet island kitchen with quartz countertops, high-end stainless steel appliances, and a sleek waterfall island with extra cabinet space that is as functional as it is beautiful. But the true magic lies in the potential for rental income and property appreciation the separate unit offers. Living in one unit and leasing out the other allows you to maximize your investment and align with current real estate trends. This dual-income strategy is financially savvy and ensures a steady stream of revenue for years to come. Indulge in the best of both worlds - the comfort of a beautifully renovated home and the financial security of a smart investment. Don't miss your chance to own a piece of history and unlock the full potential of this Wardman rowhouse in one of DC's most coveted neighborhoods. Seize the opportunity and step into a world of endless possibilities. Welcome🏠.

Details

Property type

Townhouse

Est. home value

$657,501

Lot size

1,500 sq ft

Price per sq ft

$540

Year built

1922

Annual property taxes

$5,984

HOA

No

Price History

05/09/2024

Bright #DCDC2139730

Listed
$1,197,000
+90%
08/25/2023

Bright #DCDC2099760

Sold
$630,000

Schools & Community

Neighborhood: 

Columbia Heights

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

Lima One Capital Llc

Loan start date

August 2023

Original loan amount

$779,700

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Building or Construction Loan, 2 year

Seller

Ids Construction Company 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: 07/05/2024 at 11:30 PM

Listing updated: 06/07/2024 at 9:44 AM

Listed by: Hilda Coburn, Bennett Realty Solutions Phone #: (301) 459-5040

MLS: Bright #DCDC2139730

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