Bought with Brian Marzo • Keller Williams Preferred Properties
$195,000
For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
900 SqFt
SOLD DATE : 04/11/2025
Key Details
Sold Price $195,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $216
Subdivision Lily Ponds
MLS Listing ID DCDC2187012
Style Colonial
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 1942
Available Date 2025-03-08
Annual Tax Amount $14,132
Tax Year 2024
Lot Size 1,152 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
An investor special or savy 203k Home Buyer for wonderful opportunity in Northeast Washington, DC. Right off I-295 and close to the Anacostia Waterfront, would likely present a unique opportunity for those looking to capitalize on the area's growth potential. Nestled in a rapidly transforming neighborhood of Northeast Washington, DC, this property offers easy access to I-295, making it convenient for commuting and connecting to the broader metropolitan area. Its proximity to the Anacostia Waterfront provides recreational opportunities, green space, and a picturesque setting for future development. This listing features a versatile property with a solid structure, suitable for renovation or redevelopment. Investors can tap into the growing interest in the area as new amenities, restaurants, and retail spaces emerge.
Ample square footage allowing for a variety of potential layouts, whether for residential or mixed-use.
Check local zoning regulations for possibilities of conversion into multi-family units or commercial space.
While the property may requirerenovation, it provides a blank canvas for creative investors looking to increase value through renovations or development. A backyard or outdoor area that can be transformed into a recreational space or outdoor dining area. **Community Highlights: Excellent access to public transportation options and major roadways, facilitating easy commutes to downtown DC and surrounding areas. Close to local parks, shops, and schools, with new businesses sprouting up in the area, contributing to the neighborhood's appeal. This property represents an enticing investment opportunity in a burgeoning neighborhood. With the influx of interest and planned investments from the city and private developers, secure your stake in this emerging market before prices escalate. By focusing on renovations and engaging with the neighborhood's revitalization efforts, investors can maximize their return on investment while contributing positively to the community's growth and enhancement. Don't miss out on this chance to invest in a promising area poised for future success. The time to act is now!
Location
State DC
County Washington
Zoning R
Interior
Hot Water None
Heating None
Cooling None
Flooring Wood, Other
Laundry Hookup, Main Floor
Exterior
Fence Chain Link, Rear
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Under Ground, Water Available, Other
Water Access N
View Street
Roof Type Flat
Building
Lot Description Front Yard, Private, Rear Yard
Story 2
Foundation Slab, Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type High
New Construction N
Schools
Elementary Schools Thomas
Middle Schools Kelly Miller
High Schools H.D. Woodson
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash, FHA 203(k), Private, Other
Listing Terms Cash, FHA 203(k), Private, Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
