About This Home
This 0-bedroom, 0-bathroom residential multi family at 732 51ST Street NE in Washington, DC is listed for $250,000 ($125 per sqft). Built in 1955, the home offers 2,000 sqft of living space on a 0.05 acres lot.
Key Features
- Built in 1955
- 0.05 acre lot
Property Details
Yeah. Calling all developers./ Calling all flippers./ You want instant equity? You want that RA-2 upside?/ Listen close. I got a mystery box with a bag inside./ Let's go! = Welcome to 7-3-2 on 51st Street NE / Where the profits go up and the vision is key!
/ Two-hundred-fifty K, man, you buying it right / Assessed over three-hundred, got that equity overnight! / It's the property of your dreams, yeah, the math is alive / Come and unlock the potential, watch your capital thrive! / = Listen up to the pitch, got a deal on the block / Solid brick on the outside, standing strong as a rock / Two-hundred-fifty K is the price on the sheet / For a D.C.
opportunity that cannot be beat / Already under-assessed by a fifty K minimum / Buy it on Monday, by Tuesday you winning 'em / But wait, hold up, let me talk about the zoning / This ain't a regular house that you're owning. / Current C.O.O. says three units today / But we looking at the future, let me show you the way.
= Zoned RA-2! Yeah, the city permits / To multiply the money and to maximize units / Just look up right next door at 7-3-0 / They just built out six units, getting straight to the dough! / You got a twenty-three-sixty square foot lot / FAR is 1.8, man, look at what you got!
/ Stack 'em high, build 'em wide, copy the neighbor's blueprint / When you cash out the back-end, it's gonna look like a mint. / It's a developer's dream, a phenomenal site / But you gotta have the vision, gotta do it up right. = Now here is the catch, let me keep it a buck / If you looking for a tour, you are out of luck / The whole spot is cinderblocked, sealed up tight / Ain't nobody stepping in to see the interior light.
/ The seller got it at a tax sale, blind to the core / Don't know what's behind the heavy sealed door / No knowledge of the inside, it's a blank canvas slate / Gut it out to the studs, man, you control your own fate. / No trespassing, no peeking, you just buying the shell / But with an RA-2 zoning, man, the property sells!
= Welcome to 7-3-2 on 51st Street NE / Where the profits go up and the vision is key! / Two-hundred-fifty K, man, you buying it right / Assessed over three-hundred, got that equity overnight! / It's the property of your dreams, yeah, the math is alive / Come and unlock the potential, watch your capital thrive!
= Yeah. / Don't be scared of the blocks. The blocks mean a blank slate. / 732 51st Street NE. / Next door did six units. Why can't you? / Bring your architect. Bring your GC. Bring the cash. / Two-hundred and fifty thousand. / We out.
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
732 51ST Street NE
Washington, DC 20019
DEANWOOD
Property Details
Construction
Parking
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 732 51ST Street NE is listed at $250,000 ($125/sqft). The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 0.05 acre lot.
This property is listed by Ethan Arnheim and can be reached at 2403932668.

