3BR/2BA Single Family in Washington DC Historic District/$152k Spread

1621 U St SE, Washington, DC 20020

$580,000 After Repair Value -
$350,000 Asking Price -
$78,000 Cost of Repairs =
$152,000 Potential Profit

Property Details

Asking Price $350,000

After Repair Value $580,000

Costs of Repairs $78,000

Potential Profit $152,000

Living Area 1815 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Home built in 1905 and designated historic by DC Historical Society Located in historic Anacostia Washington, DC. Owner will include the adjacent Lot with sale. This home qualify for Historical Society grant.

Buy Price: $350k
ARV: $580k

Fix and Flip: $78k
Spread/Equity: $152k

Repairs Needed

Complete rehab.

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