Petworth Fixer-Uppers
Posted by Ben Puchalski on
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…
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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…
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