Washington, DC 20032,507 OAKWOOD ST SE
Washington, DC 20032,507 OAKWOOD ST SE
Washington, DC 20032,507 OAKWOOD ST SE
Washington, DC 20032,507 OAKWOOD ST SE
Washington, DC 20032,507 OAKWOOD ST SE
Washington, DC 20032,507 OAKWOOD ST SE
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Lisa Bensel

Lisa Bensel

+1(267) 257-8718
Listed by Nefretiti Makenta • Bennett Realty Solutions
$ 259,000
Est. payment | /mo

3 Beds

2 Baths

1,744 SqFt

Save
$ 259,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,744 SqFt

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,744 sqft

Price per Sqft $148

Subdivision Congress Heights

MLS Listing ID DCDC2240840

Style Colonial

Bedrooms 3

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 1,284

Year Built 1941

Annual Tax Amount $2,627

Tax Year 2023

Lot Size 2,475 Sqft

Acres 0.06

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

THIS IS A WONDERFUL FIXER-UPPER "BUY AND HOLD" INVESTMENT (*OPPORTUNITY ZONE*, see below) OR OWNER OCCUPANT PROPERTY ON A LOVELY TREE-LINED, HOMEOWNER BLOCK. TWO (2) LARGE BEDROOMS ON THE TOP FLOOR; ONE (1) DECENT-SIZED BEDROOM IN BASEMENT. BASED ON THE CURRENT CONFIGURATION AND WITH >1900SF OF INTERIOR SPACE. BUYER CAN EASILY ADD ADDITIONAL BEDROOMS AND A 1/2 BATH ON THE MAIN FLOOR, WHICH INCLUDES A BEAUTIFUL WOOD-BURNING FIREPLACE. PROPERTY ALREADY HAS A GOOD BASEMENT CEILING HEIGHT, APPROXIMATELY 7-FEET, NO NEED TO DIG DOWN FOR ADDED VALUE. ARV $425K, EST. (THE CONNECTED PROPERTY NEXT DOOR, SAME SF SOLD FOR $495K a few years ago) PROPERTY HAS GREAT POTENTIAL, BUT NEEDS WORK. DATED BATHROOMS AND KITCHEN. GREAT BONES.
Property Being Sold Strictly As-Is. Reasonably Motivated Seller. INVESTOR ALERT. INVESTOR SPECIAL. Buying and investing in a property in an *OPPORTUNITY ZONE can provide a great opportunity for capital gains tax deferral, reduction and abatement, ETC., possibly even better than the 1031 Exchange, they say... TOPA Process Completed. Market rent, $2200. Property has 1 conventional tenant paying $1,800 per month, plus all utilities (gas, water and electric). GREAT rent payment history. Tenant is on a month-to-month lease. PHOTOS SHOW BEFORE TENANT MOVE-IN years ago (before 2018) AND RECENT CONDITION.
Seller prefers KVS Title, which is very far along in the title clearance process and is offering a $250 closing credit to Buyer. BUYER FULLY RESPONSIBLE FOR THEIR OWN DUE DILIGENCE.
#thisgemcouldbeyours!!!

Location

State DC

County Washington

Zoning R-3

Rooms

Other Rooms Living Room, Dining Room, Bedroom 2, Kitchen, Den, Bedroom 1, Laundry, Storage Room, Utility Room, Bathroom 1, Bathroom 2

Basement Unfinished, Connecting Stairway, Daylight, Full, Windows, Walkout Level, Walkout Stairs, Rear Entrance

Interior

Interior Features Floor Plan - Traditional, Formal/Separate Dining Room

Hot Water Natural Gas

Heating Radiator

Cooling Central A/C, Window Unit(s)

Fireplaces Number 1

Fireplaces Type Mantel(s), Brick

Fireplace Y

Heat Source Natural Gas

Laundry Basement, Has Laundry, Dryer In Unit, Washer In Unit, Lower Floor

Exterior

Exterior Feature Porch(es), Deck(s)

Fence Wrought Iron, Decorative, Chain Link, Fully, Rear

Utilities Available Electric Available, Natural Gas Available, Sewer Available

Water Access N

Street Surface Paved

Accessibility None

Porch Porch(es), Deck(s)

Road Frontage Public

Garage N

Building

Lot Description Front Yard, SideYard(s), Rear Yard, Landlocked

Story 3

Foundation Slab

Above Ground Finished SqFt 1284

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 6001//0029

Ownership Fee Simple

SqFt Source 1744

Security Features Window Grills

Acceptable Financing Cash, Private, FHA 203(k), Other

Listing Terms Cash, Private, FHA 203(k), Other

Financing Cash,Private,FHA 203(k),Other

Special Listing Condition Standard

Bright MLS (BMLS)

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Brent Elementary School

    Public | EE - 5

  • 8

    Watkins/Peabody Elementary School

    Public | EE - 5

  • 7

    Kipp Dc Aim Public Charter School Academy Public Charter School

    Public | 5 - 8

  • 6

    Center City Congress Heights Campus Public Charter School

    Public | PK - 8

  • 6

    John Hanson Montessori

    Public | PK - 8

  • 6

    Valley View Elementary School

    Public | PK - 6

  • 6

    Randle Highlands Elementary School

    Public | EE - 5

  • 5

    Eagle Academy Public Charter School Eagle Center at Mcgogney

    Public | PK - 3

  • 5

    Excel Academy Public Charter School

    Public | PK - 5

  • 5

    Achievement Preparatory Academy Public Charter School

    Public | 4 - 8

  • 5

    Tyler Elementary School

    Public | EE - 5

  • 5

    Payne Elementary School

    Public | EE - 5

  • 5

    Ketcham Elementary School

    Public | EE - 5

  • 5

    Garfield Elementary School

    Public | EE - 5

  • 5

    John Hanson French Immersion

    Public | KG - 8

  • 5

    Beers Elementary School

    Public | EE - 5

  • 4

    Leckie Elementary School

    Public | EE - 5

  • 4

    Patterson Elementary School

    Public | EE - 5

  • 4

    Savoy Elementary School

    Public | EE - 5

  • 4

    Malcolm X Elementary School

    Public | EE - 5

Middle Schools 8
  • 5

    Friendship Public Charter School Tech Preparatory

    Public | 6 - 11

  • 5

    Richard Wright Public Charter School for Journalism and Media Arts

    Public | 8 - 11

  • 2

    Hart Middle School

    Public | 6 - 8

  • 1

    Johnson Middle School

    Public | 6 - 8

  • 1

    Kramer Middle School

    Public | 6 - 8

  • 0

    Jefferson Middle School Academy

    Public | 6 - 8

  • 0

    Somerset Preparatory Academy Public Charter School

    Public | 6 - 8

  • 0

    Friendship Public Charter School Chamberlain Middle School

    Public | 6 - 8

High Schools 9
  • 8

    Thurgood Marshall Academy Public Charter School

    Public | 9 - 12

  • 8

    Kipp Dc College Preparatory Public Charter School

    Public | 9 - 12

  • 5

    Cesar Chavez for Public Policy Capitol Hill Public Charter School

    Public | 9 - 12

  • 5

    Eastern High School

    Public | 9 - 12

  • 3

    National Collegiate Preparatory Public Charter School

    Public | 9 - 12

  • 1

    Ballou High School

    Public | 9 - 12

  • 1

    Anacostia High School

    Public | 9 - 12

  • 1

    Potomac High School

    Public | 9 - 12

  • 0

    Ballou Stay

    Public | 9 - 11

School and business data provided by Attom Data.
Lisa Bensel

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(267) 257-8718

lisa.bensel@gmail.com

Philadelphia, PA

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507 OAKWOOD ST SE