$ 250,000
-
$250,000
Price -
0
Bed -
0
Bath -
2,000
SqFt
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About the Listing CTRP1 - 3239002
(listen to the song- https://is.gd/oWXVAx) Yeah. Calling all developers./ Calling all flippers./ You want instant equity? You want that RA-2 upside?/ Listen close. I got a mystery box with a bag inside./ Let’s go! = Welcome to 7-3-2 on 51st Street NE / Where the profits go up and the vision is key! / Two-hundred-fifty K, man, you buying it right / Assessed over three-hundred, got that equity overnight! / It’s the property of your dreams, yeah, the math is alive / Come and unlock the potential, watch your capital thrive! / = Listen up to the pitch, got a deal on the block / Solid brick on the outside, standing strong as a rock / Two-hundred-fifty K is the price on the sheet / For a D.C. opportunity that cannot be beat / Already under-assessed by a fifty K minimum / Buy it on Monday, by Tuesday you winning 'em / But wait, hold up, let me talk about the zoning / This ain’t a regular house that you’re owning. / Current C.O.O. says three units today / But we looking at the future, let me show you the way. = Zoned RA-2! Yeah, the city permits / To multiply the money and to maximize units / Just look up right next door at 7-3-0 / They just built out six units, getting straight to the dough! / You got a twenty-three-sixty square foot lot / FAR is 1.8, man, look at what you got! / Stack 'em high, build 'em wide, copy the neighbor's blueprint / When you cash out the back-end, it's gonna look like a mint. / It's a developer's dream, a phenomenal site / But you gotta have the vision, gotta do it up right. = Now here is the catch, let me keep it a buck / If you looking for a tour, you are out of luck / The whole spot is cinderblocked, sealed up tight / Ain’t nobody stepping in to see the interior light. / The seller got it at a tax sale, blind to the core / Don’t know what’s behind the heavy sealed door / No knowledge of the inside, it’s a blank canvas slate / Gut it out to the studs, man, you control your own fate. / No trespassing, no peeking, you just buying the shell / But with an RA-2 zoning, man, the property sells! = Welcome to 7-3-2 on 51st Street NE / Where the profits go up and the vision is key! / Two-hundred-fifty K, man, you buying it right / Assessed over three-hundred, got that equity overnight! / It’s the property of your dreams, yeah, the math is alive / Come and unlock the potential, watch your capital thrive! = Yeah. / Don't be scared of the blocks. The blocks mean a blank slate. / 732 51st Street NE. / Next door did six units. Why can't you? / Bring your architect. Bring your GC. Bring the cash. / Two-hundred and fifty thousand. / We out. (listen to the song- https://is.gd/oWXVAx)
Listing Highlights
Status
Active
Days on Site
102
Property Type
Multi-Family
MLS ®
DCDC2253156
Year Built
1955
Total Square Footage
2,000
Lot/Acreage
0.05
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2000
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R5B
- Roof:
- Others: Major Rehab Needed
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $18,077
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2008
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
732 51st St NE Washington, DC 20019
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