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For sale
  • $1,200,000

    589 Columbia Rd NW, Washington, DC 20001

    8beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $1,185,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Great investment opportunity!! Ideal location!! Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Location! Location! Location! Great possibilities! Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
    48 days
    on Zillow
    |
    212
    |
    15
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 12:23pm

    Listed by:

    Don Gladstone 301-377-9921,

    REMAX Platinum Realty

    Source: Bright MLS,MLS#: DCDC2186456MLS Logo
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Forced Air, Central
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Other
    Features
    • Pool features: None
    Lot
    • Size: 4,791 Square Feet
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3051//0825
    • Zoning: R
    • Special conditions: Short Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Washington

    Financial & listing details

    • Tax assessed value: $1,241,760
    • Annual tax amount: $11,602
    • Date on market: 3/27/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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