UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $125
Subdivision Deanwood
MLS Listing ID DCDC2253156
Style Other
Abv Grd Liv Area 2,000
Year Built 1955
Available Date 2026-06-01
Annual Tax Amount $18,077
Tax Year 2008
Lot Size 2,300 Sqft
Acres 0.05
Property Sub-Type Triplex
Source BRIGHT
Property Description
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.
(https://is.gd/oWXVAx)
Location
State DC
County Washington
Zoning R5B
Interior
Hot Water None
Heating None
Cooling None
Fireplace N
Heat Source None
Exterior
Water Access N
Accessibility Other
Garage N
Building
Above Ground Finished SqFt 2000
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5197//0060
Ownership Fee Simple
SqFt Source 2000
Special Listing Condition Standard
Nearby School & Business
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