119 53rd Street Se
Washington, District Of Columbia 20019

New / MLS #DCDC2168258 / Multiple Unit (2-4) / Marshall Heights
Listing information updated 11/19/2024 at 11:41am
Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property's layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.

Listing Office: RE/MAX Allegiance

Listing Office Phone: 202.338.8900

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119 53rd Street Se is a multiple unit (2-4) currently listed at $400,000. This multiple unit (2-4) has been listed on RLAH @properties since November 14th, 2024 and was built in 1952. Nearby schools include C.w. Harris, Kelly Miller, and H.d. Woodson.