526 Newton Pl Nw, WASHINGTON

$1,300,000

0 Bed
0 Bath
3,960 Sqft
0 Acre
0 Parking

Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.

Essential Information
MLS® #DCDC2129544
Price$1,300,000
Bathrooms0.00
Square Footage3,960
Acres0.00
Year Built1953
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address526 Newton Pl Nw
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20010
Interior
HeatingCentral
CoolingMulti Units
Exterior
ExteriorBrick and Siding
Lot DescriptionAdditional Lot(s)
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningRES COOPERATIVE - HORIZON
Condo Fees$0
HOA Fees$0
Office

TTR Sotheby's International Realty

Property History
Price Reduced from $1,500,000 to $1,300,000
Status Changed from Coming Soon to Active
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Listing information last updated on April 28th, 2024 at 3:03pm EDT.