Washington, DC 20001 589 Columbia Road NW

Presented By: REMAX Platinum Realty
  • MLS# DCDC2192558
  • 03/28/2025
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  • Beds • 8

Home Details

Great investment opportunity!! Ideal location!! Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Location! Location! Location! Great possibilities! Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Big Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Exercise caution when exploring premises. Home Harmless Agreement required.
Presented By: REMAX Platinum Realty

Interior Features for 589 Columbia Road NW

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelCentral
Heating Y/NYes
Hot WaterElectric

General for 589 Columbia Road NW

AccessibilityOther
Architectural StyleColonial
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsGoogle
Garage Y/NNo
Heating90% Forced Air
Legal SubdivisionColumbia Heights
Lot Size Square Feet4791.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-28T00:53:35
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD
Property SubtypeOther
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount11602.0
Tax Assessed Value1241760.0
Tax Year2024
Total SQFT0
Two Bedroom4
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1980
Year Built SourceEstimated
ZoningR

Exterior for 589 Columbia Road NW

Foundation DetailsBrick/Mortar
Lot Size Acres0.11
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,200,000
MLS#DCDC2192558
List Date 03/28/2025
Property Type Multi-Family
Phone 703.929.4729
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