Courtesy of: Abel M Gebremichael, Keller Williams Capital Properties, abel@coalitionpg.com
Courtesy of: Abel M Gebremichael, Keller Williams Capital Properties, abel@coalitionpg.com
$275,000
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.03 Acres
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Townhouse
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$275,000
1630 RIDGE Place SE 1630 Ridge Pl SE | Investment Property with Multiple Exit Strategies Brick 2-bedroom, 2-bathroom rowhome in Southeast DC, spanning three finished levels and currently tenant-occupied at $1, 300/month. The property can also be delivered vacant, creating an opportunity for investors to reconfigure into a 4-bedroom rental to maximize revenue through the voucher program - with potential rents reaching as high as $4, 400/month. The property features a walkout basement with recreation space and utility area, a main level with living, dining, and kitchen, and an upper level with two bedrooms and a full bath. Additional highlights include a front porch and a nice private backyard, offering outdoor usability. For investors, this home delivers immediate rental income as a buy-and-hold opportunity, while also presenting strong potential as a rehab project. Located just minutes from Anacostia Park, Starbucks, Busboys and Poets, and the MLK Gateway development, the property sits in a corridor of ongoing growth and revitalization. Property is being sold strictly AS-IS. Property is being sold strictly AS-IS.
Courtesy of: Abel M Gebremichael, Keller Williams Capital Properties, abel@coalitionpg.com
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