732 51st St Ne, Washington, DC 20019

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List Price
$235,000
Price Change
▼ $7,000 1791428941
Days on Market
29
Status
ACTIVE
MLS#
DCDC2283444
Living Area
2,500
Lot Size (Acres)
0.05
Style
Other
Year Built
1955
County
Washington
School District
District Of Columbia Public Schools

Property Description

(listen to the song- https://is.gd/oWXVAx) Yeah. Calling all developers./ Calling all flippers./ You want instant equity? You want that RA-2 upside?/ Listen close. I got a mystery box with a bag inside./ Let’s go! = Welcome to 7-3-2 on 51st Street NE / Where the profits go up and the vision is key! / Two-hundred-fifty K, man, you buying it right / Assessed over three-hundred, got that equity overnight! / It’s the property of your dreams, yeah, the math is alive / Come and unlock the potential, watch your capital thrive! / = Listen up to the pitch, got a deal on the block / Solid brick on the outside, standing strong as a rock / Two-hundred-fifty K is the price on the sheet / For a D.C. opportunity that cannot be beat / Already under-assessed by a fifty K minimum / Buy it on Monday, by Tuesday you winning 'em / But wait, hold up, let me talk about the zoning / This ain’t a regular house that you’re owning. / Current C.O.O. says three units today / But we looking at the future, let me show you the way. = Zoned RA-2! Yeah, the city permits / To multiply the money and to maximize units / Just look up right next door at 7-3-0 / They just built out six units, getting straight to the dough! / You got a twenty-three-sixty square foot lot / FAR is 1.8, man, look at what you got! / Stack 'em high, build 'em wide, copy the neighbor's blueprint / When you cash out the back-end, it's gonna look like a mint. / It's a developer's dream, a phenomenal site / But you gotta have the vision, gotta do it up right. = Now here is the catch, let me keep it a buck / If you looking for a tour, you are out of luck / The whole spot is cinderblocked, sealed up tight / Ain’t nobody stepping in to see the interior light. / The seller got it at a tax sale, blind to the core / Don’t know what’s behind the heavy sealed door / No knowledge of the inside, it’s a blank canvas slate / Gut it out to the studs, man, you control your own fate. / No trespassing, no peeking, you just buying the shell / But with an RA-2 zoning, man, the property sells! = Welcome to 7-3-2 on 51st Street NE / Where the profits go up and the vision is key! / Two-hundred-fifty K, man, you buying it right / Assessed over three-hundred, got that equity overnight! / It’s the property of your dreams, yeah, the math is alive / Come and unlock the potential, watch your capital thrive! = Yeah. / Don't be scared of the blocks. The blocks mean a blank slate. / 732 51st Street NE. / Next door did six units. Why can't you? / Bring your architect. Bring your GC. Bring the cash. / Two-hundred and fifty thousand. / We out. (listen to the song- https://is.gd/oWXVAx)

Additional Information

Subdivision
Deanwood
School District
District Of Columbia Public Schools
Heating
None
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Other

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Listing courtesy of Central Properties, LLC,. Contact: