$950K ARV - Shepard Park NW DC Deal

[Alex King]

About the Property:
This is an amazing opportunity to cash in on the fast paced Petworth/Shepard Park neighborhood. This colonial home features a spacious backyard made for private entertaining, hardwood floors throughout, a two level addition and a bonus room in the attic. The current condition is surprisingly well maintained leaving much room i

n your budget for potential gains.

Our seller is extremely motivated and ready to take action now! Depending on your renovation capability, this property can be sold for $950K and beyond. I know for a fact this deal won't be up for grabs for long so give me a call if you are interested. 

Property: 7556 Alaska Ave NW Washington DC 20012

4 Bed / 3.5 Bath
1,894 Square Feet

$630,000 Price
$950,000 ARV
$100K - $150K Repair (depending on rehab type, your contractor and ARV desired)
EMD: $1,000 (already been put down)

Settlment: 9/23/2016

Pictures:

https://www.dropbox.com/sh/c09rzc2xf9n3d0r/AABIv50...

Comps:
7715 ALASKA AVE NW - $947,500
7733 16TH ST NW - $999, 000
7533 12TH ST NW - $1,275,000

The first person to get us a signed contract and proof of funds gets the deal. This one will go fast, so if you are interested, do not hesitate to contact me. If you need more comps I have a list of 14 similar properties in the immediate neighborhood.

Here is a property 4 houses down to give you an idea of what people are doing in the neighborhood.