HOMEOWNER & INVESTOR OPPORTUNITY IN HILLCREST! Spacious 3BR/1BA row home on a large lot that faces L'Enfant Square SE and backs through to Burns St SE. Next door is a $6M+ townhouse development, consisting of eight 2-unit townhouses priced between $780,000 - $795,000 (4 front on LâEnfant and 4 front on Burns). Three of these homes are currently under contract. Now back to the house itself â it has great bones, high ceilings, original hardwood floors, and enclosed rear porches that add sq. footage. Some TLC will go a long way here! But hereâs the magic: UP TO 3 UNITS CAN BE BUILT ON THE LOT! For homeowners, this is an opportunity to buy a home, update it to your liking, and have the potential to add an additional unit or two down the road as an investment. For developers/investors â buy one home for a fair price in a great area and build up to three units next door to an already built, multi-million dollar residential development! Contact me for information about what is possible. Potential Redevelopment options provided by DC-based Zoning Attorney. For owner-occupant buyers, this home qualifies for the George Mason Mortgage Welcome Home Program, offering a $10,000 grant towards downpayment and/or closing costs, a minimum downpayment as low as 3%, a below market interest rate, no PMI, and a standard 30 day closing date.
DCDC2074698
Townhouse, Federal
3
WASHINGTON
1 Full
1931
2.5%
0.07
Acres
Electric Water Heater, Public Water Service
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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