Property Description

Investment Opportunity in Prime LocationnnWelcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished.nnProperty Details:nnUnit Configuration: Four units, each featuring two bedroomsnnPotential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal.nnCertificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status.nnNeighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area.nnHousing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need.nnOpportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals.nImportant Note:nnFire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises.nnHome Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property’s current condition.

Features
N
: Interior Access, Outside Entrance
: Brick
: Brick/mortar
N
: Other
: Natural gas
: Lower 1, Main, Upper 1
N
N
N
Address Map
COLUMBIA
589
ROAD
W78° 58' 46.3''
N38° 55' 43.1''
NW
589
Head north toward T St NW 112 ft Turn right onto T St NW 0.1 mi Turn left onto 7th St NW 259 ft Continue onto Georgia Ave NW Pass by Chipotle Mexican Grill (on the right in 0.3 mi) 0.8 mi Turn right onto Harvard St NW May be closed at certain times or days 0.1 mi Harvard St NW turns left and becomes Hobart Pl NW 341 ft Turn left onto Warder St NW 246 ft Turn left onto Columbia Rd NW Destination will be on the right 312 ft 589 Columbia Rd NW, Washington, DC 20001
MLS Addon
RLAH @properties
Tohmai Smith
Bright
BRIGHT_MAIN
Annually
N
Other
Annually
3090413
300888437342
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
7,132 Sqft
2
: Detached
7,132 Sqft
No
: Standard
$10,800
2022
RF-1
: Public Sewer
: Public
0 Sqft
2
$0
$0
$0
$0

Residential For Sale

589 COLUMBIA ROAD, WASHINGTON, District Of Columbia 20001

8 Bedrooms
4 Bathrooms
7,132 Sqft
$1,300,000
Listing ID #DCDC2134032
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : DCDC2134032
Price : $1,300,000
Bedrooms : 8
Bathrooms : 4
Sqft : 7,132 Sqft
Year Built : 1980
Lot Area : 0.11 Acre
Status : Active
Subdivision Name : COLUMBIA HEIGHTS
Property Sub Type : Office
Price Per SQFT : $182
Agent info
Robert Spicer
Spicer Real Estate, Inc.
7201 Wisconsin Avenue
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This listing courtesy of: RLAH @properties
Listing provided by: Tohmai Smith