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Image 1 - 532 Newton Place Northwest, Washington, DC 20010, USA - House for sale
Image 2 - 532 Newton Place Northwest, Washington, DC 20010, USA - House for sale
Image 3 - 532 Newton Place Northwest, Washington, DC 20010, USA - House for sale
Image 4 - 532 Newton Place Northwest, Washington, DC 20010, USA - House for sale
Image 5 - 532 Newton Place Northwest, Washington, DC 20010, USA - House for sale
Home For Sale In Washington, District Of Columbia
532 Newton Place Northwest, Washington, DC 20010, USA

Home For Sale In Washington, District Of Columbia

house for sale
Listed: 04/29/24

532 Newton Place Northwest, Washington, DC 20010, USA

24 Bed:
3,960 Sq Ft Living Area:
Save
Price
$ 1,3M

About This House

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, between2:00 PMand4:00 PM.Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.

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Park View Housing & Living

Household Income

Median household income: $85,203
Number of households: 287,476
The average household income in Washington, DC grew from $82,372 to $85,203 in the past year. This data is an estimate based upon 287,476 households in Washington, DC.
The chart below presents how household income is distributed in Washington, DC in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Washington, DC compared to median property taxes around the country. The prevalent amount of property taxes in Washington, DC equals $3k+ , which is more than the national average.