Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore… Read More the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property's layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential. Read Less
Courtesy of Cornelius Henderson, RE/MAX Allegiance [email protected]
Listing Snapshot
Days Online
233
Last Updated
Property Type
Twin Home
Square Ft.
2,340
Lot Size
0.06 Acres
Year Built
1952
MLS Number
DCDC2168258
30 Days Snapshot Of 20019
$392k
+9%
(avg) sold price
25
+4%
homes sold
50
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,340 sqft living area, Built in 1952, Structure Type: Twin/Semi-Detached, 4 units in building, Colonial, Brick
Cooling
None, None
Foundation
Slab
Heating
Natural Gas, Forced Air
Lot
2,533 sqft, 0.06 acres
Property
Other Structures: Above Grade, Below Grade, Soil Types: Urban Land-Sassafras-Chillum, 4 one-bedroom units
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