523 2nd St NE

Washington, DC 20002

Here's a rare duplex investment property (523 & 523 1/2) that includes renovation materials and appliances that are currently inside of the property (new/unused - Inclusions/Exclusions form will be updated via addendum). The Seller decided to list the property as-is due to General Contractor delays. The cost for renovation has been professionally priced at approximately $200,000, and the property ARV is $1,400,000 according to recent comps in the immediate area. The property is literally within walking distance (7 min.) of Union Station, H Street Corridor and so many other valuable amenities (search Google Maps for additional details). The average days on market are less than 25 days for the area. So, investors, close the year with a rarely available duplex in the heart of Washington, DC that offers immediate return.