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  • $875,000

    1224 Raum St NE, Washington, DC 20002

    12beds
    --baths
    3,916sqft
    Townhouse
    Built in 1936
    -- sqft lot
    $865,400 Zestimate®
    $223/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 29, 2024 at 01:54pm

    Listed by:

    Michelle Quinn 703-307-6409,

    Compass,

    Co-Listing Team: Carmen Fontecilla Group, Co-Listing Agent: Jaime Willis 202-494-1325,

    Compass

    Bought with:

    Megan Ferra

    Keller Williams Capital Properties

    Source: Bright MLS,MLS#: DCDC2118766MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    Basement
    • Area: 1776
    Heating
    • Radiator, Hot Water, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 5,328
    • Total interior livable area: 3,916 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,672 sqft
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 4052//0106
    • Zoning: RF-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1936

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
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