Hot Washington DC Real Estate Post. Properties Worth BuyingPosted by Ben Puchalski on Monday, January 14th, 2013 at 8:22am.
List Price: $234,950
This is a single family home in Woodridge. The total sq ft is 2,002 w/ 1,386 of that being above grade. This is a great home to renovate. The biggest challenge with this property is the tenant that is occupying it. That tenant would need to be removed prior to purchasing it if you are an investor. Homeowners can give them a 90 day notice to vacate if they are occupying the property.
List Price: $299,000
This is another single family home in Woodridge. The home is listed as a short sale. Needs work. As-is sale. For an investor the price would need to be negotiated down for it to make sense.
List Price: $275,000
This is a great buy and hold type of property in the Park View area of Petworth/Columbia Heights. This is a 2 level townhouse style condo with 853 square feet. This is a great deal for the right person. Low condo fee of $45 so you can't expect much from the association. This home is about 3-4 blocks from the booming Georgia Ave business corridor and the Petworth metro station.
List Price: $258,900
This is a studio/junior 1 bedroom on the 7th floor down at Potomac Place Tower in SW. These are fairly good sized units at 575 square feet. The condo fee of $325 is also reasonable for southwest since it covers all utilities. This property is just 2 blocks from 2 metro stations.
List Price: $349,900
Semi-detached home in Brightwood with 4 bedrooms on 3 levels. The property is currently in rough shape and needs work. Tenant occupied. Solid buy and renovate. Numbers are not so good for an investor but would work nicely for a homeowner willing to do a 203K on the property. This is the most affordable semi-detached home in NW DC.
List Price: $369,000
This is a 2 bed/2 bath condo at Capital Square Condo on Independence Ave in Capitol Hill. The home is 860 sq ft. The property should get a good amount of interest with that size and sq ft.
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