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$899,888

Beds
Unknown
sq ft
5,545

757 Columbia Rd NW, Washington, DC 20001

757 Columbia Rd NW

WASHINGTON, DC 20001

  • 45 days on market
Seize the opportunity to complete this partially constructed building and bring your vision to life! This bank-owned property offers a rare chance for investors to customize and maximize its potential. With much of the structure already framed, along with a new roof and fresh exterior paint, this property is well on its way to becoming a lucrative asset. Designed to accommodate three units, just like the neighboring buildings, it provides a flexible layout for those looking to develop and sell or hold as a long-term rental investment. There's also ample space to incorporate a garage or driveway, enhancing the property’s value and appeal. This is a prime value-add opportunity for savvy investors ready to take the next steps. The buyer will need to obtain plans, permits, and a certificate of occupancy to complete construction, making this an ideal project for those with a vision for transformation. Whether you're looking to build and sell or hold and rent, this property presents endless possibilities in a thriving market. Sold as-is—don’t miss out! This is a bank owned property-all information is deemed to be accurate but Bank and listing agent cannot guarantee complete accuracy. Buyer (s) should carefully perform their own due diligence as to all elements of the property and the condo association

Details

Property type

Townhouse

Est. home value

$796,711

Lot size

2,528 sq ft

Price per sq ft

$163

Year built

1923

Annual property taxes

$10,000

HOA

No

Price History

03/04/2025
Bright

Bright #DCDC2175708

Listed
$899,888
+12.49%
01/15/2020
Bright

Bright #DCDC455100

Sold
$800,000

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

Mvb Bank Inc

Loan start date

January 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Stand Alone Second

Seller

757 Columbia Road Nw 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: 04/04/2025 at 10:10 PM

Listing updated: 03/17/2025 at 2:58 PM

Listed by: George M Mrad, KW Metro Center Phone #: (703) 564-4000

MLS: Bright #DCDC2175708

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