Hot Washington DC Real Estate Post. Properties Worth Buying

2012 OTIS ST NE, WASHINGTON, DC 20018

List Price: $319,000

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 the area improves. 

51 RHODE ISLAND AVE NW #3, WASHINGTON, DC 20001

List Price: $349,000

Reasonable price for this booming part of Bloomingdale.  This is a 2 bedroom condo owned by Fannie Mae. 

648 PARK RD NW, WASHINGTON, DC 20010

List Price: $339,000

Good size home in Columbia Heights.  Needs full rehab.  Renovated properties of this size are selling for over $500K.