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2920 8th St Ne, Washington, DC 20017

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For Sale

$1,000,000

0.09 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

NEW AND IMPROVED PRICE!!!What an exciting opportunity for investors in the vibrant Brookland community! Condo Conversion Potential: With enough space to expand upwards and create parking, this property offers investors the possibility of a lucrative condo conversion project. This could add significant value to the property and attract buyers looking for individual units in the popular Brookland area.Owner-Occupied Tenants: Having owner-occupied tenants living in one unit while renting out the other three provides stability and potential income streams for investors. This mixed-use of the property maximizes its earning potential while also ensuring some level of oversight and care for the units.The property's location in the Brookland community offers residents access to a variety of amenities and attractions. From the 8th St. Arts Walk and Dance Place to popular spots like Brookland Pint and the Metropolitan Branch Trail, there's plenty to explore and enjoy nearby. Additionally, being close to Catholic University and Brookland Metro makes commuting and accessing educational institutions convenient.Bike-Friendly Environment: The presence of bike-friendly streets in the area adds to the appeal for residents who prefer alternative modes of transportation. This aligns with the community's focus on sustainability and active living.Overall, this property presents an excellent investment opportunity in a desirable and growing neighborhood. With its potential for condo conversion, mixed-use tenancy, and proximity to amenities and transportation, it's sure to attract investors looking to capitalize on the dynamic Brookland market.
MLS# DCDC2133962

Courtesy Of Long & Foster Real Estate

(888) 536-0216

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Laminate, Tile, Tile - Ceramic, Wood
  • Heating System
    Hot Water
  • Lot Size
    0.09 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 2920 8th St Ne, Washington, DC 20017

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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