SHORT SALE! All offers welcome on this exceptional property in one of Washington, DC's most sought-after neighborhoods. Offering the rare potential of mixed-use zoning (MU–3). This unique zoning not only provides flexibility for residential or light commercial purposes but also sets the stage for a lucrative investment opportunity. Perfect for an owner occupant using it to 203K/Renovation loan or an investor looking for their next profitable investment project. Currently designed as a tri-plex, this property presents the ideal setup for a live-in investment. Imagine living in one unit while generating income through short- or long-term rentals in the others, including potential Airbnb income. Each unit has been thoughtfully arranged to maximize privacy and comfort, making this property perfect for homeowners who want to live comfortably while offsetting expenses or for investors looking to capitalize on DC's strong rental market. Located on a vibrant stretch of Macarthur Blvd, you're steps away from charming cafes, boutique shops, and convenient public transit options, all while nestled in a beautiful, tree-lined neighborhood. Embrace the benefits of city living with the added flexibility and potential for income. Seize the chance to create your own investment success story in this prime DC location!
Shovel-ready project in Brightwood Park off Kennedy Street! Existing four-unit structure delivered with full permits and plans for four large units ideal for condo sale. Both lower-level and upper-level units are permitted for 3 Bedroom + Den, 1,605 square-foot multi-level units with a combined square footage of 6,420. Units will include gourmet kitchens with large kitchen islands and expansive living spaces. Upper units will feature walk-out balconies, and lower units will include terraces. The projected sales price of finished condos is $2,450,000.
Back on the Market – Another Opportunity! This four-unit property presents an outstanding opportunity for both investors and owner-occupants seeking to build wealth through rental income. The building consists of two spacious two-bedroom, one-bath units and two one-bedroom, one-bath units. Two units are currently vacant and available for immediate occupancy, while two units are tenant-occupied on a month-to-month basis with recently increased rents, providing immediate income and future flexibility. The roof has been replaced, and numerous improvements have already been completed, allowing the next owner to move in or lease the vacant units with confidence. Conveniently located near shopping, restaurants, public transportation, and other neighborhood amenities, this property offers both strong investment potential and owner-occupant appeal. Back on the market due to circumstances unrelated to the property's condition. The property is available for showings immediately. The sellers are prepared to work with qualified purchasers and will carefully consider all reasonable offers.
Courtesy: BHHS HUDSON VALLEY PROPERTIES LG
THIS IS A RARE OPPORTUNITY TO OWN A VERY UNIQUE PROPERTY IN THE MILLBROOK SCHOOL DISTRICT. ORIGINALLY PART OF THE MOST DIVERSE CATTLE FARM IN THE US AND THE LARGEST CATTLE FARM IN DUTCHESS COUNTY. THE MAIN HOME WAS FORMERLY KNOWN AS THE LYNFIELD MANSION AND WAS BUILT FOR MR.& MRS.HAM IN 1871 WHO WERE PROMINENT MEMBERS OF THE COMMUNITY AND IT WAS ONE OF THE MOST MODERN AND LUXURIOUS FARMHOUSES IN THE HUDSON VALLEY. THIS HOME HAS ENDLESS POSSIBILITIES, SITUATED ON 23 MOSTLY LEVEL ACRES WITH SOME BEAUTIFUL MATURE TREES. PROPERTY HAS TWO ENTRANCES, ONE LEADS TO THE MAIN HISTORIC HOME WHICH WAS BUILT IN 1821. HOME IS NOW DIVIDED INTO THREE APARTMENTS (ONE FOUR BEDROOM UNIT AND 2 THREE BEDROOM UNITS) BUT OWNER STILL MANAGED TO KEEP THE INTEGRITY OF THE HOME INTACT SO THAT IF SOMEONE WANTED TO RESTORE HOME BACK TO IT'S ORIGINAL GRANDEUR AS A MAIN RESIDENCE IT WOULD BE EASY AS MOST ORIGINAL FEATURES WERE MAINTAINED AND ALSO HAVE A RENTAL INCOME FROM DUPLEX WHICH HAS 2 TWO BEDROOM UNITS AND COTTAGE WITH ADDITIONAL TWO BEDROOMS. THE STAIRS AS YOU ENTER THE FOYER IN THE MAIN RESIDENCE IS ABSOLUTELY MAFNIFICANT. HOME HAS SEVERAL OF THE ORIGINAL MARBLE FIREPLACES, BUILT-INS ETC. ROOF AND WINDOWS IN MAIN RESIDENCE WERE REPLACED IN THE LAST 10 YEARS. COTTAGE AND DUPLEX CAN BE ACCESSED FROM SECOND ENTRANCE OFF MAIN ROAD. THERE IS ALSO A LARGE SHED/GARAGE OVER 3200 SQ FT ON PROPERTY. ALL UNITS ARE FULLY RENTED BUT RENTALS DO NOT REFLECT CURRENT MARKET CONDITIONS. THERE IS A HUGE UPSIDE FOR RENTALS.
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Washington is located in District of Columbia. Washington, District of Columbia has a population of 683,154. Washington is less family-centric than the surrounding county with 24.14% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.
