INVESTOR OPPORTUNITY IN THE HEART OF PALISADES! Rare chance to acquire a spacious and flexible unit with exceptional upside potential in one of Washington, DC's most desirable neighborhoods. Existing tenant in place paying approximately $2,650/month, offering immediate income potential from day one. INCREDIBLE FINANCING ADVANTAGE - potential loan assumption opportunity… Read More with an estimated interest rate around 3.1% for qualified buyers, or utilize DSCR financing for investor-focused acquisition strategies. Opportunities like this are becoming increasingly difficult to find in today's market. This versatile residence offers approximately 970 square feet of living space with a large primary bedroom, multiple flex-use dens, two full bathrooms, generous closet space, and excellent natural light throughout. The flexible floorplan creates multiple possibilities for owner-occupants, investors, roommates, work-from-home professionals, or future value-add enhancements. Updated features include granite countertops, stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, and fresh paint throughout. Pet-friendly building with secure entry, elevator access, bike storage, laundry facilities, and shared outdoor space. Located in the highly sought-after Palisades community - just minutes from Georgetown University, American University, downtown DC, major hospitals, parks, restaurants, coffee shops, Metrobus access, and commuter routes. Strong location. Existing income. Attractive financing possibilities. Long-term appreciation potential. Perfect for: - Buy-and-hold investors - First-time investors - 1031 exchange buyers - International investors - House-hack strategies - Parents purchasing for students or professionals - Long-term wealth-building portfolios Read Less
Courtesy of Edward T Giles, Georgetown Realty Group LLC 202-746-8456
Listing Snapshot
Days Online
25
Last Updated
Property Type
Condominium
Beds
1
Full Baths
2
Year Built
1955
MLS Number
DCDC2263026
Additional Details
Appliances & Equipment
Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
Building
Built in 1955, Levels: 1, Entry level: 1, Construction Materials: Brick, Concrete
Cooling
Central A/C
Accessibility Features
32"+ wide Doors, 36"+ wide Halls, Kitchen Mod, No Stairs
Floors
Wood
Heating
Hot Water
Home Owner's Association
Fee Includes: All Ground Fee, Common Area Maintenance, Laundry, Lawn Care Side, Lawn Maintenance, Insurance, Amenities: Common Grounds, Extra Storage, Storage Bin
Interior Features
Breakfast Area
Pets Policy
Allowed: No Pet Restrictions
Property
Excellent, Other structures: Above Grade, Below Grade, Street, Scenic Vista
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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