Ari Firoozabadi
This listing was posted on RealtyWW.
$1,199,999
Missouri Ave Nw, Washington, Home For Sale
Price:
$1,199,999
BR/BA:
6 BR, 5 BA
Location:
1222 Missouri Ave NW, Washington, DC
Description:
PRIME INVESTMENT OPPORTUNITY -Discover a meticulously positioned four-unit multifamily building nestled in the vibrant Georgia Petworth community, brimming with retail and dining options within arms reach. AMIDST TRANSFORMATIVE REDEVELOPMENT - Embrace a locale on the cusp of transformation, with major new developments including The Parks at Walter Reed, a sprawling 66-acre Town Center promising over 3.1 million square feet of development. Existing enhancements like Walmart, a stones throw away, are already bolstering local economy and real estate values. THRIVING WALKABLE COMMUNITY - Enjoy a stellar Walk Score of 87, denoting a Very Walkable neighborhood where daily errands are easily accomplished sans a car. With a mix of big-box retailers, neighborhood shops, and a vibrant dining scene along Georgia Avenue and Kennedy Street, the property is a magnet for residents seeking urban convenience. UNLOCK HIDDEN POTENTIAL - Maximize your investment with each unit featuring an enclosed porch, presenting untapped square footage ripe for expansion. By adding extra bedrooms to enhance appeal, you can potentially boost rental income per unit to exceed $3, 000, ensuring a robust return on investment. RENT CONTROL EXEMPTION - Escape the constraints of D.C.s rent control laws, as this asset, comprising fewer than five units, enjoys exemption. With the freedom to adjust rents in tandem with market rates, capitalize on flexibility and profitability for your investment. EQUITY BUILDING AT A DISCOUNT - Seize the opportunity to leverage a variety of tailored loan products ideal for first-time buyers. Occupy one of the vacant units while renting out the remaining three, translating to significantly reduced monthly mortgage payments compared to prevailing market rents for similar units, facilitating accelerated equity growth.For more details: https://realtyww.info/homes_washington-d523624/for-sale_i73454196
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More About this Listing: Missouri Ave Nw, Washington, Home For Sale
Missouri Ave Nw, Washington, Home For Sale is a Six Bedroom 5.5 Bath Single-Family Homes for Sale at 1222 Missouri Ave Nw in Washington DC. Find other listings like Missouri Ave Nw, Washington, Home For Sale and listings near 1222 Missouri Ave Nw by searching Oodle Classifieds for Six Bedroom 5.5 Bath Single-Family Homes for Sale in Washington DC.
Missouri Ave Nw, Washington, Home For Sale is a Six Bedroom 5.5 Bath Single-Family Homes for Sale at 1222 Missouri Ave Nw in Washington DC. Find other listings like Missouri Ave Nw, Washington, Home For Sale and listings near 1222 Missouri Ave Nw by searching Oodle Classifieds for Six Bedroom 5.5 Bath Single-Family Homes for Sale in Washington DC.