532 Newton Place Northwest, Washington, DC 20010, USA
24Bed:
3,960 Sq FtLiving Area:
Save
Price
$ 1,3M
Show
2
more
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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expert tips to reduce the risk of fraud when renting a new apartment.
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.