589 Columbia Road NW
Washington, DC 20001

  • – beds
  • – baths
  • 7,132 sqft
  • 4,791 sqft lot
  • $196 per sqft
  • 1980 build

Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.

BRIGHT MLS logo Listing courtesy of BRIGHT / RLAH @properties

Last checked: Checking… • Last updated Mar 25, 2024 •

MLS# DCDC2133436 —

This property is listed in more than one place. See it here.

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Walk Score®

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Transit Score®

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Sale history

Date Event Source Price % Change
3/20/24
Listed / Active BRIGHT $1,400,000

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Multifamily For Sale

$1,400,000

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Listing provided by broker:

Tohmai Smith

RLAH @properties

(202) 518-8781

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This multifamily located in Northwest Washington, Washington, DC 20001 is currently for sale for $1,400,000. 589 Columbia Road NW is a 7,132 square foot multifamily with – beds and – baths. 589 Columbia Road NW is in the Northwest Washington neighborhood of Washington and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Bruce Monroe Elementary School At Park View, Macfarland Middle School, and Roosevelt High School At Macfarland.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and RLAH @properties.

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