Row Homes with Rental Unit in H Street Corridor
Posted by Ben Puchalski on
The H Street Corridor is one of the hottest neighborhoods in Washington, DC right now. Investors are spending time and money in the area, and home and condo prices are on the rise. Buying a row home in the H Street Corridor with a rental unit is a smart and economical decision, as it allows the buyer to help defray mortgage costs with a renter. The neighborhood is just north of prestigious Capitol Hill, although prices are usually lower than its southern counterpart. Union Station borders the H Street Corridor to the west, and the new DC Streetcar lines will debut along H Street, connecting Union Station to the Minnesota Avenue Metro stop. The Corridor is a hot spot for live music, with several smaller venues to see a show in. There is also a newfound…
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Buying a fixer-upper in Washington, DC is a great way to save money and have renovations done yourself, the way you want them done. When flippers purchase a home and renovate it, they are often profiting $200,000-$300,000 when they sell the property in the current DC real estate economy. Cutting out the middle man could lead to a great amount of savings for a home buyer. One neighborhood in the District that offers a number of fixer-uppers is Petworth. More and more of these properties are being snatched up by developers and renovated for a large profit. Petworth is a neighborhood on the rise in the last few years, and it offers bargains compared to nearby neighborhoods Columbia Heights, U Street Corridor, and Shaw. Much of the real estate in this area…
City Market at O is a great example of urban revitalization in the Shaw neighborhood of Washington, DC. Home to 645 residential units, 182 hotel rooms, 86,239 square feet of retail space, and a unique Giant supermarket, this property has come a long way from its roots. City Market at O is located between O and P Street NW and 7th and 9th Streets NW, less than two blocks from the Mount Vernon Square Metro station on the yellow/green lines. In addition to Shaw, the neighborhoods of Logan Circle, Truxton Circle, and Mount Vernon Triangle are nearby. There are plenty of row homes to be found in the area, and while prices have been on the rise for the last few years, good bargains can still be found. Shaw is one of the most up-and-coming neighborhoods in the…
If you’re looking for a brand new condominium in one of the District’s most famous neighborhoods, we have just the place for you! Ontario 17, located at 2550 17th Street NW in Adams Morgan, is set to open in May. This six-story property will consist of 80 one- and two-bedroom condos, complete with street level retail and a luxury rooftop deck. You will be located just a few blocks from the heart of Adams Morgan, and within short walking distance of the Columbia Heights and Woodley Park-Zoo Metro stations. Adams Morgan oftens dozens of eating, drinking, and shopping establishments for your enjoyment. It is one of the most bustling social neighborhoods in Washington, DC. The Ontario Theater used to occupy the space that Ontario 17 now does, and that history…
Anchored by the Washington DC Convention Center, Mount Vernon is a neighborhood in transition. As the area continues to evolve many existing row houses are being converted to condos while prices in existing projects continues to rise. The sprawling row house at 428 M Street NW is currently being converted to four luxury condos with development expected in "Fall of 2012."
We spoke with the developer about his plans for the once stately property. Plans are in the works to convert the 4000 square foot plus building into two luxury condos, each of which will be approximately 2000 square feet and be 3 bedrooms and 2.5 baths. The bottom floor condo will be offered at 879k and the top floor condo will be offered…