tomo logo

$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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