WASHINGTON foreclosure home - a commercial property (6 beds, 6 baths)

This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $686,560
This property, which sits within an opportunity zone area, is the one you have been waiting for!! Contact opportunity zone attorney to findout how to structure the deal with an Opportunity Zone fund so that you may benefit from this opportunity! Plans & permits were approved by DCRA which are available at close for informational purposes only. New owner responsible for updating plans and re-applying for permits. The plans are for 2 condominiums featuring 3 beds and 3 full baths about 1800 sq ft per unit. Recent comps for finished condos are selling for around $850,000 per unit! There is also potential to modify the plans for a grand, 4 level single family or 3 level single family with lower level ADU as well. The possibilities are endless with a stellar location, perfectly situated Columbia Heights. The largest end Row-home on the block which enjoys a scenic skyline view from the upper level front and rear roof top decks. Only steps away from Georgia Ave shops and restaurants. 15 minute walk to either metro stations, Georgia Ave Petworth or Columbia Heights. 7 minute walk to Howard university and a 5 minute drive to Catholic University.This foreclosure home is a commercial prope...

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

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Property Brokerage: eXp Realty , 1050 Connecticut AVENUE NW 500, Washington, DC20036
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