Deal of the Week: 429 20th St NE, Washington, DC 20002

Posted by Walnut Street Finance Team on Jun 5, 2018

This Deal of the Week is out of Washington, DC and a short walk to the Capitol building.

429-20th-st-ne-dc-proforma

This week’s Deal of the Week is a Single family home that could be converted into two units. Imagine this: the bottom unit as a 2 bedroom 2.5 bath single-level flat with approximately 950 SQ FT. The top unit could be a bi-level unit with 2 BR + a den and 2.5 BR with approximately 1,490 SQ FT. Added bonus is that you get a single parking space! Click here or the image to view map.

Based on the comps listed below, we believe this home has great potential as a real estate investment, especially as a fix and hold to rent. If you're interested in the property CONTACT US TODAY or give us a call at 703-273-3500. We can provide loan approvals within 24 hours so you can get your project started quickly. You can also contact our friends at MarketPro Homebuyers directly at 301-337-4704.

Comps to support our ARV determination

1440 A St NE, WashingtonDC  20002

1440-a-st-ne-dc-comp

4 BR, 3.5 BA with 1,800 SQ FT
Sold in February 2017 for $1,150,000
Fabulous 4-level, 4BR, 3.5BA + DEN in sought after Capitol Hill! Fully renovated and only 2 blocks to Lincoln Park. Has lots of natural light and open floorpan. House even has exposed brick on 3 levels!
 

102 15th St NE, WashingtonDC  20002

102-15th-st-ne-dc-comp

4 BR, 3.5 BA with 1,800 SQ FT
Sold in October 2017 for $917,500
Completely renovated home with a smart and stylish layout. Comes with beautiful oak floors, a brand new roof and a bonus lower-level 1BR suite with separate rear entrance.
 

CONTACT US TODAY before someone else takes advantage of this prime opportunity. We can provide loan approvals within 24 hours so you can get your project started quickly.

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Walnut Street Finance Team

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