Homes for sale - 119 53RD ST SE, Washington, DC 20019

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Nick Lutkins

nick@lutkinsgroup.com +1(703) 626-6276

Listed by Cornelius R Henderson • RE/MAX Allegiance

$325,000

Est. payment - /mo

2,340 SqFt

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,340 sqft

Price per Sqft $138

Subdivision Marshall Heights

MLS Listing ID DCDC2225600

Style Colonial

Abv Grd Liv Area 2,340

Year Built 1952

Annual Tax Amount $12,401

Tax Year 2025

Lot Size 2,533 Sqft

Acres 0.06

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property's layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.

Location

State DC

County Washington

Zoning R-2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5309//0035

Ownership Fee Simple

SqFt Source 2340

Acceptable Financing Conventional, FHA 203(k), Cash, Private

Listing Terms Conventional, FHA 203(k), Cash, Private

Financing Conventional,FHA 203(k),Cash,Private

Special Listing Condition Standard

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Nick Lutkins

+1(703) 626-6276

Team Leader, Realtor

119 53RD ST SE Washington, DC 20019

Nick Lutkins

Key Details

Location

Interior

Exterior

Building

Schools

Others

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