Price Reduced more than $100K. Now is the time to invest in this wonderful opportunity. Welcome to 1224 Raum St. NE, a fantastic investment opportunity in the heart of Northeast Washington, D.C. This quadruplex building offers not only an income-generating property but also the potential for condo conversion, making it a smart choice for both investors and developers who would like to capitalize on the strong demand for housing in this vibrant neighborhood. The property's location and area revitalization ensures steady appreciation in property values, making it a wise investment choice. The lower level and large backyard could accommodate further development and additional units. 1224 Raum St. NE is vacant and immediately available. Seller is willing to offer a $50,000 credit for roof repairs.
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Interior
Total Bedrooms: 4
Exterior & Building
Water Source: Public
Parking: On Street
Heat Type: Hot Water, Natural Gas
Sewer: Public Sewer
Financial
Sales Price: $875,000
Real Estate Tax: $7,152/yr
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1224 Raum STREET NE
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If you are a homeowner hoping to sell quickly for top dollar, we will help you maximize the appeal of your house, exhausting all marketing tools to reach your goals. We strive to exceed your expectations with our service and to be your Realtor team for life.
