4008 7TH STREET NE

$25,000 PRICE DROP! INVESTOR ALERT! Vacant 4 unit apartment building in Brookland that can be delivered shovel-ready with plans and permits for 6 units! Completed project will be 5,000+ gross square feet and have 4 parking spaces. Building is detached on one side and sits on a large lot (3,557 SF). Numbers work as a condo conversion or a rental. Comparable condos sell for $650+/SF. HCVP rents in Brookland are $2,812/month without utilities for a 3 bedroom.

Underpinning permit in hand. Full construction permit is under review by DOB. Interior demo work has already been completed, building to be sold as a shell with plans and permits. Bring your contractor!