Talk to Seller

806 55th St NE, Washington, DC 20019, USA

$279,900

Drag 'n' drop pictures here, or click to select from computer

Picture of undefined, number 0
Picture of undefined, number 1
Picture of undefined, number 2
Picture of undefined, number 3
Picture of undefined, number 4
Picture of undefined, number 5
Picture of undefined, number 6
Picture of undefined, number 7
Picture of undefined, number 8
Picture of undefined, number 9
Picture of undefined, number 10
Picture of undefined, number 11
Picture of undefined, number 12
Picture of undefined, number 13
Picture of undefined, number 14
Picture of undefined, number 15
Picture of undefined, number 16

Photos of the property

OUTSTANDING PROPERTY for the investor, especially the BRRRR (Buy, Renovate, Rent, Refinance, and Repeat) investor. This property would also make a great "home".

THE PROPERTY
This semi-detached house features 4 bedrooms, 2 bathrooms, a large living room, dining area, kitchen, family room, a shed, patio/deck area, and off-street parking.
Bedroom 1 - 10 x 7
Bedroom 2 - 14 x 8
Bedroom 3 - 12 x 8
Bedroom 4 - 14 x 9
Main Bath - 4.5 x 9
Upstairs Bath - 8 x 5
Kitchen - 10 x 10
Family Room - 13 x 12

THE NEIGHBORHOOD
The neighborhood has experienced tremendous development in recent years. On the same the street, you'll find relatively new construction. Less than half of a block away, there's a new development coming. The bus line is a block away. 50 and 295 are very close. Both Harris Teeter and Costco are a few minutes drive away. You can be to Capitol Hill in a matter of minutes.

THE FINANCIALS
In real estate, you make your money when you buy. The numbers suggest that this is a great buy.
1. The sales comps suggest that this is an excellent buy. Please check the comps before making an offer.
2. The rent comps suggest that this is a BEAUTIFUL property for passive income purposes. Please check the rent comps before making an offer.
3. The Section-8 payment standards for a 4 bedroom in DC makes this property an absolute DIAMOND in the street.

TAKING ACTION
NOW that you're ready to take action, the following steps are necessary:
1. Schedule your showing; and,
2. Make a VERY SOLID offer. We are expecting multiple offers on this property. Please make sure you submit your highest and best offer; and,
3. Provide written evidence of your ability to perform (bank statement, brokerage statement, or lenders commitment letter); and,

We are looking forward to a smooth transaction. If you have questions, please feel free to ask. We thank you.