1505 West Virginia Ave NE,WASHINGTON, DC 20002
WASHINGTON, DC 20002
Description
Ready to renovate and build instant equity. NE DC Investment Opportunity - Multi-Unit Potential. Now at a lower price!!! Buy low, renovate, and capture equity fast. This RF-1 rowhome is a rare opportunity to enter one of D.C.'s hottest neighborhoods, with flexible 3-4-bedroom space and multi-unit conversion potential (buyer to verify). Why This Property WinsHigh-margin equity play - create a single-family dream home or convert to 2-3 income-producing unitsBuilt-in value - front porch, rear deck, fenced yard, parking under the deck, and solar panels (2023)Off-street parking - a rare "DC Gold" feature that boosts resale and rental appealFinancing Made Easy Eligible for FHA 203(k), VA, and conventional renovation loans - roll acquisition + renovation into one simple mortgage. Short Sale Advantage The bank is ready to accept 95% of the list price. Appraisal done, no guesswork, fast closing possible. Location You Can't Beat Minutes to Union Market, H Street Corridor, and National Arboretum. Close to Metro and bus lines, attracting steady demand from professionals. Bottom Line Step in at entry-level pricing, renovate, and build equity. Multi-unit potential + strategic location = a rare opportunity in NE DC. Don't wait.
Details
| MLS # | DCDC2240906 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1927 |
| Days On Site | 281 |
| Listing Provided By | RE/MAX Allegiance | Ressie R Wallace Wilson |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,949 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | RF-1 |
| Acreage | 0.04 |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling | Ceiling Fan(s), Central A/C |
| Heating Yes / No | Yes |
| Heating | Central, Forced Air |
| Interior Features | Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Galley, Wainscotting, Walk-in Closet(s) |
| Window Features | Double Hung |
| Appliances | Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater |
Exterior
| Exterior Features | Sidewalks, Street Lights |
|---|---|
| Roof | Built-Up |
| Security Features | Security Gate |
| Construction Materials | Block, Brick |
| Foundation Details | Block, Brick/Mortar |
| Lot Features | Rear Yard |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Concrete Driveway, Fenced, Paved Parking |
Taxes
| Tax Annual Amount | 1215.74 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| Community Name | TRINIDAD |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Elementary School | WHEATLEY EDUCATION CAMPUS |
| High School | EASTERN SENIOR |
| Listing VS Median (in TRINIDAD) | |
Price: $465,500 low | high Med: $399,000 sqft: 1,949 low | high Med: 626 $ / sqft: $239 low | high Med: $637 On site: 281 low | high Med: 52 | |
Market Activity 20002
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| Community Name | TRINIDAD |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Elementary School | WHEATLEY EDUCATION CAMPUS |
| High School | EASTERN SENIOR |
| Listing VS Median (in TRINIDAD) | |
Price: $465,500 low | high Med: $399,000 sqft: 1,949 low | high Med: 626 $ / sqft: $239 low | high Med: $637 On site: 281 low | high Med: 52 | |
