Description
1630 Ridge Pl SE | Investment Property with Multiple Exit StrategiesBrick 2-bedroom, 2-bathroom rowhome in Southeast DC, spanning three finished levels and currently tenant-occupied at $1,300/month. The property can also be delivered vacant, creating an opportunity for investors to reconfigure into a 4-bedroom rental to maximize revenue through the voucher program — with potential rents reaching as high as $4,400/month.The property features a walkout basement with recreation space and utility area, a main level with living, dining, and kitchen, and an upper level with two bedrooms and a full bath. Additional highlights include a front porch and a nice private backyard, offering outdoor usability.For investors, this home delivers immediate rental income as a buy-and-hold opportunity, while also presenting strong potential as a rehab project. Located just minutes from Anacostia Park, Starbucks, Busboys and Poets, and the MLK Gateway development, the property sits in a corridor of ongoing growth and revitalization.Property is being sold strictly AS-IS.Property is being sold strictly AS-IS.
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2BEDS
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0.03ACRES
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1BATHS
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01/2 BATHS
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1,142SQFT
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$241$/SQFT
Description
1630 Ridge Pl SE | Investment Property with Multiple Exit StrategiesBrick 2-bedroom, 2-bathroom rowhome in Southeast DC, spanning three finished levels and currently tenant-occupied at $1,300/month. The property can also be delivered vacant, creating an opportunity for investors to reconfigure into a 4-bedroom rental to maximize revenue through the voucher program — with potential rents reaching as high as $4,400/month.The property features a walkout basement with recreation space and utility area, a main level with living, dining, and kitchen, and an upper level with two bedrooms and a full bath. Additional highlights include a front porch and a nice private backyard, offering outdoor usability.For investors, this home delivers immediate rental income as a buy-and-hold opportunity, while also presenting strong potential as a rehab project. Located just minutes from Anacostia Park, Starbucks, Busboys and Poets, and the MLK Gateway development, the property sits in a corridor of ongoing growth and revitalization.Property is being sold strictly AS-IS.Property is being sold strictly AS-IS.
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