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Marjorie Dick Stuart

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119 53rd St Se, WASHINGTON, DC – $360,000

  • $360k Price
  • 2,340 Sqft
  • .06 Acres
  • 27 DOM
  • $360k Price
  • 2,340 Sqft
  • .06 Acres
  • 27 DOM

119 53rd St Se

Situated in the up-and-coming neighborhood of Marshall Heights, this vacant 4-unit building presents a prime opportunity for developers, investors, or contractors. The property is currently configured with 4 one-bedroom, one-bathroom apartments and needs a complete renovation, offering a variety of potential redevelopment options. Option 1 - Renovate and Rent: Restore the existing units to their full potential and create a steady rental income stream in this rapidly developing area. Option 2 - Convert to Condominiums: With rising demand for homeownership options in the district, the building is a perfect candidate for a condo conversion, allowing for profitable individual unit sales. Option 3 - Create Two Townhouses: The property’s layout provides flexibility to reconfigure the space into two spacious, modern townhouses that will appeal to owner-occupiers or high-end rental markets. Whether you are looking to generate cash flow, flip for profit, or create luxury condos or townhomes, this property offers substantial potential.

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Essential Information

  • MLS® #DCDC2168258
  • Price$360,000
  • Bathrooms0.00
  • Square Footage2,340
  • Acres0.06
  • Year Built1952
  • TypeMulti-Family
  • Sub-TypeQuad, Twin/Semi-Detached
  • StyleColonial
  • StatusActive Under Contract

Community Information

  • Address119 53rd St Se
  • SubdivisionMARSHALL HEIGHTS
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20019

Interior

  • HeatingForced Air
  • CoolingNone

Exterior

  • ExteriorBrick and Siding
  • FoundationSlab

School Information

  • ElementaryC.W. HARRIS
  • MiddleKELLY MILLER
  • HighH.D. WOODSON

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedNovember 14th, 2024
  • Days on Market27
  • ZoningR-2

Listing Details

  • OfficeRE/MAX Allegiance
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Price Change History for 119 53rd St Se, WASHINGTON, DC (MLS® #DCDC2168258)

Date Details Price Change
Active Under Contract – –
Price Reduced (from $400,000) $360,000 $40,000 (10.00%)
Active (from Coming Soon) – –

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Listing information last updated on January 12th, 2025 at 6:03pm CST.