Here is our featured home deal of the week located in Washington, DC.
This property is located in a gentrifying area of Marshall Heights with a history of flips that trade quickly. The location is very walkable and has many public transportation options. Walnut Street has underwritten and funded two similar transactions within the market area with positive results.
Comps to support our ARV determination
5549 Bass Place SE, Washington, DC 20019
This property is 0.1 miles away and recently sold on December 7, 2017 for $335,000. We consider this an A quality renovation and the property sold in only three days.
5519 B St. SE, Washington, DC 20019
This home is graded as an A quality renovation and is currently under contract for $319,999. Closing date is scheduled for February 20, 2018 and was only on the market for three days. Click here or the image to view the map of its location.
5512 C St. SE, Washington, DC 20019
This property sold back on October 27, 2017 for a price of $305,000. We give this renovation a B- grade and was only on the market for three days as well. We could only imagine the price this would have received if it was an A quality renovation. It goes to show that a little curb appeal goes a long way.