![]() |
|||||||
|
|
|||||||
|
|
|||||||
|
Long & Foster |
770-A Princeton
Pl., NW
This property can be great for investors! Located in the hot Petworth neighborhood, the house is just a few blocks from the Petworth metro and the commercial center on Georgia Avenue. 770 Princeton is one of a row of houses that was gutted and completely redone top-to-bottom in 2001. The house has two units and is zoned R4 for 2-units. The upstairs currently rents for $1600 and the lower level apartment currently rents for $825. This give a buyer the potential to generate positive cash flow immediately! The upstairs unit has 3 bedrooms and 2 full baths on the second floor, and a half bath on the main level. The open floor plan offers a nice flow and a feeling of spaciousness, with the living room and dining room connecting, and a kitchen that opens to the dining area, with a sitting/TV room in the back. There is a rear deck with a small off-street parking space underneath. The lower level is a fully separate unit with full size bedroom and bath. Convert it to owner-occupied, with rental income from the basement, or keep the tenants to generate some income and watch the price appreciation in the neighborhood! ![]()
Christopher Jones |
||||||