Estate Sale!!
$410,000
662 Jefferson St NE, Washington, DC 20011
1,088 sqft
Building Size
0.0632 acres
Lot Area
Details:
Highlights:
- PROPERTY HIGHLIGHTS**:
- • Solid Brick Construction (1951)
- • 2 Stories + Finished Basement
- • 1,088 sq ft Living Area + 544 sq ft Basement
- • 3 Bedrooms / 2 Baths
- • 2,750 sq ft Lot
- • R-2 Zoning
- • Excellent Bone Structure for Renovation
Description:
TWO PERFECT PATHS TO PROFIT**:
1. **FIX & FLIP INVESTORS**:
- Purchase + Strategic Renovation = Significant ROI
2. **OWNER-OCCUPANT RENOVATION**:
- Perfect for FHA 203K or Conventional Renovation Loans
- Live in One of DC’s Most Desirable Neighborhoods
**RIGGS PARK COMMUNITY HIGHLIGHTS**:
• Thriving Northeast DC Neighborhood
• Minutes to Fort Totten Metro (Red/Green/Yellow Lines)
• Proximity to Catholic University
• Close to Shopping at Riggs Road & South Dakota Avenue
**MARKET TRENDS**:
Riggs Park has seen consistent appreciation with:
• 12% Average Annual Price Growth
• Strong Demand from Both Investors & Homeowners
• Limited Inventory of Renovation Opportunities
• Growing Young Professional Population
• Major Development Projects Nearby
Located in the vibrant community of Riggs Park, this property offers an attractive investment opportunity in a thriving commercial district. Riggs Park is conveniently situated near the bustling retail and dining scene of Fort Totten and Takoma, making it an ideal location for an Office / Office Building investor. With its proximity to major transportation routes and the upcoming redevelopment plans for nearby urban spaces, the area offers promising potential for growth and development. Nearby points of interest include the Fort Totten Metro station, Art Place at Fort Totten, and the diversity of local shops and eateries, providing a compelling draw for businesses and employees alike.
Location

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