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Image 1 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 2 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 3 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 4 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 5 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 6 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 7 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 8 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Image 9 - 523 2nd Street Northeast, Washington, DC 20002, USA - Townhouse for sale
Federal, Interior Row/Townhouse
523 2nd Street Northeast, Washington, DC 20002, USA

Federal, Interior Row/Townhouse

townhouse for sale
35 views
Listed: 02/13/23

523 2nd Street Northeast, Washington, DC 20002, USA

Studio Bed:
1 Bath:
2,476 Sq Ft Living Area:
Save
Price
$ 875,000

About This Townhouse

Here's a rare duplex investment property (523 & 523 1/2) that includes renovation materials and appliances that are currently inside of the property (new/unused - Inclusions/Exclusions form will be updated via addendum). The Seller decided to list the property as-is due to General Contractor delays. The cost for renovation has been professionally priced at approximately$200, 000,and the property ARV is$1, 400, 000according to recent comps in the immediate area. The property is literally within walking distance (7 min.) of Union Station, H Street Corridor and so many other valuable amenities (search Google Maps for additional details). It's priced to sell and the Seller is firm on price. The average days on market are less than 25 days for the area. So, investors, close the year with a rarely available duplex in the heart of Washington, DC that offers immediate return. Contact Jay Hobbs for access and details.

Property Includes

  • Heating Hot Water
  • Architecture Federal

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Washington 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.