$550,000
- Beds
- 3
- Baths
- 1.0
- sq ft
- 2,140
2831 Otis St NE, Washington, DC 20018
2831 Otis St NE
WASHINGTON, DC 20018
- 17 days on market
- Price drop $100,000↓
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.
Details
Property type
Single Family Residence
Lot size
5,965 sq ft
Price per sq ft
$258
Year built
1946
Annual property taxes
$5,818
HOA
No
Price History
06/18/2024
Bright #DCDC2145268
Price change
$550,000
-15.38%
06/16/2024
Bright #DCDC2145268
Listed
$650,000
Schools & Community
Neighborhood:
Woodridge
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Status: Active
Tomo last checked: 07/03/2024 at 1:25 PM
Listing updated: 06/28/2024 at 12:34 PM
Listed by: Tanya L Slade, Long & Foster Real Estate, Inc. Phone #: (202) 526-7141
MLS: Bright #DCDC2145268
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