About 526 Newton Pl Nw
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
Features of 526 Newton Pl Nw
| MLS® # | DCDC2129544 |
|---|---|
| Price | $1,300,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,960 |
| Acres | 0.00 |
| Year Built | 1953 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 526 Newton Pl Nw |
|---|---|
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20010 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi Units |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Lot Description | Additional Lot(s) |
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 2nd, 2024 |
|---|---|
| Days on Market | 63 |
| Zoning | RES COOPERATIVE - HORIZON |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Noelle-kristine Spencer |
|---|---|
| Listing Office | TTR Sotheby's International Realty |
| Listing Office Phone | 2022343344 |