Discover a prime investment opportunity in the heart of Columbia Heights! This charming 3-bedroom, 1-bathroom residential property, built in 1910, offers a unique blend of historic character and modern potential. With a compact lot size of just 0.04 acres, this property is designed for low maintenance, making it an ideal choice for investors seeking to maximize returns. The property's strategic location in a vibrant neighborhood ensures strong rental demand, providing an excellent opportunity for cash flow. The absence of a pool and extensive outdoor maintenance means lower ongoing costs, allowing for a more favorable net operating income. While the property currently lacks parking, the surrounding area offers ample street parking and is well-connected to public transportation options, enhancing its appeal to potential tenants. The interior is a blank canvas, ready for updates that can significantly increase rental value and overall market appeal. Investors will appreciate the potential for appreciation in this sought-after area, coupled with the opportunity to renovate and increase equity. With no homeowners association fees to contend with, your investment remains flexible and profitable. Seize this chance to add a valuable asset to your portfolio in a neighborhood poised for growth. Schedule a viewing today and explore the possibilities this property has to offer!
Based on the average sale price from the Martinsburg, WV office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
726 Columbia Road Nw Washington, DC is a Single Family Home for sale at $550000 with 1236 sqft and a lot size of 0.04 Acres Acre(s). 726 Columbia Road Nw Washington has 3 bedrooms, 1 baths and was built in 1910. The property's zip code is 20001 which is in Washington, DC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.