Gaithersburg, MD · Member since 2017 · 127 posts · 23 votes
1216 Underwood Street NW Washington DC 20016
Vacant Property Built 1942 2 levels + Basement 4 Bedrooms 2 1/2 Bathrooms 1 Office room in basement 2 Kitchens (One on main floor and one in basement) Private Basement entrance
Highest Comp - $850,000 Estimated Repairs - $125,000 - $150,000 (If you were to flip)
Asking Price - $550,000 (OBO) + Closing cost Closing Date on or before September 10th, 2019
Property is contracted under my LLC (DMV Real Property Group).
This property is located in the heart of Northwest DC, within 10 minutes of Howard University, Downtown Silver Spring, MD & newly built shopping centers. This would be a great buy & hold opportunity for landlords who provide housing for college students or those investors who rent Air BnB spaces. There is also the opportunity to flip as well.