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526 Newton Pl
For Sale $1,300,000
$1,300,000
- 6 Units
- Unknown Sq Ft
- Unknown Sq Ft
- Unknown Cap Rate
Description
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,300,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1953 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3037//0815 |
| MLS # | DCDC2129544 |
| Property ID | 320501365 |
| Lot Sqft | Unknown |
| Zoning | RES COOPERATIVE - HORIZON |
| Total Units | 6 |
| Days on Market | 202 |
| Original List Price | Unknown |
| Date Updated | August 14, 2024 |
| Date Created | March 01, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Noelle-Kristine Spencer an agent of . Lic #SP200203690
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Data last updated: September 19, 2024.
Robert Crawford
REAL ESTATE AGENT