2-Building Condo Conversion on Capitol Hill in DC --- $2.05M

[Ezinwanne Hawkins]

Two well-maintained, identical, adjoining buildings in a prime Capitol Hill location in NE Washington, DC - less than 1 mile to the Eastern Market Metro Station. A total of (8) 1br units, individually metered for gas and electric. Tenants in both buildings have been TOPA'd. This deal comes with a total of (6) off-street parking spaces - a rarity on the Hill.

Properties will be delivered at settlement with (3) vacant units; (1) unit w/a lease that expires March 2016; and (4) units on month-to-month leases.

Maximize your profits by building up and adding 4 more units, resulting in a beautiful (12) unit condo building.

Recent 1br/1ba Condo Comps:

243 10th Street SE #5 - $349K - Oct 2015

32 15th St. NE #32 - $367K - Sept 2015

601 A Street NE #1 - $361K - Sept 2015

317 10th St NE #19 - $350K - July 2015

121 13th St NE #303 - $405K - July 2015

ARV: $4,320,000

Rehab Estimate (including 4 unit pop-up): $550K

Price: $2,050,000 + closing

Address: Between C St & Constitution Ave NE, 20002 (**POF Required for exact address)

Pics: https://flic.kr/s/aHskoH8YPE

POF & $20K EMD takes this package off the market. Email/Call/Text ASAP with interest. Thanks.

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E. Hawkins

Phone: 301-728-2103

Email: [email protected]

www.ThisMomBuysHouses.com