Good property in Trinidad to buy and hold. This area of Trinidad is prime for increased appreciation in the years to come. Buy now and hold on it for 3-5 years.
1932 2ND ST NE, WASHINGTON, DC 20002
List Price: $240,000
Needs work but this is a low price in Eckington. Lots of other development going on in this year. Short walk to New York Ave or Rhode Island metro stations.
5329 ILLINOIS AVE NW, WASHINGTON, DC 20011
List Price: $349,000
Very rare to find a single family home for under $400K in this prime of a location. This is a 3300 square foot semi-detached home just north of the Petworth metro station. Parking for 3+ cars in rear.
Washington DC Real Estate Market Stats for September 2012
The Washington DC real estate market stats are out from the MLS. The median sold price in Washington DC for September 2012 was $417,500 which is down from $439,000 in August 2012. While the median sold price is down 4.9% from August it is up 9.9% from September 2011. The highest median sold price in the last two years in the Washington DC market was in June 2012 when it topped out at $460,000. The fall in the median sale price can most likely be attributed to seasonal averages(Market is usually hotter in June/July) and the lack of inventory in the district. The number of active listings in September in Washington DC was 1,485. The five year average for active listings in the district is
This is a short sale in the Michigan Park neighborhood of NE DC. $319K is a reasonable price to pay for a single family over there. Homes in this area have sold for as much as $500K. Area has a ton of up side.
4922 7TH ST NW, WASHINGTON, DC 20011
List Price: $280,000
This is another short sale opportunity in Petworth. This home has been on and off the market a few times. Homes just like it are selling for $499K fixed up. If you keep the costs down this is a good investment. Will have to wait for the short sale approval.
324 DOUGLAS ST NE, WASHINGTON, DC 20002
List Price: $280,000
Affordable option close to the Rhode Island Metro station. Good buy and hold property while
Compass is a licensed real estate brokerage that abides by Equal Housing Opportunity laws. Information is compiled from sources deemed reliable but is not guaranteed. All measurements and square footages are approximate. This is not intended to solicit property already listed. Compass is licensed as Compass Real Estate in DC and as Compass in Virginia and Maryland. 1313 14th Street NW, Washington, DC 20005 | 202.386.6330
