242 Nw Madison St Nw, Washington, DC 20011

$425,000
: 4
BD
: 1
BA
: 2,542
SqFt

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List Price: $425,000
Status: ACTIVE
MLS#: DCDC2287594
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Living Area: 2,542
Lot Size (Acres): 0.04
Style: Contemporary
Year Built: 1930
County: Washington
School District: District Of Columbia Public Schools

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Property Description

Discover a prime investment opportunity in the heart of Chillum! This charming 4-bedroom, 1-bathroom townhouse, built in 1930, boasts a spacious 2,002 sq. ft. of potential. With a contemporary design and durable brick front, this property is poised for appreciation in a growing neighborhood. Strategically located less than a mile from a bus stop and within 1-3 miles of a metro/subway station, it offers excellent accessibility for future tenants. The poured concrete basement provides additional storage or potential for conversion into extra living space, enhancing rental income possibilities. Off-street parking and a basement garage add convenience for residents, while the absence of a pool reduces maintenance costs. This property is a blank canvas, ready for your vision-whether you choose to renovate for higher returns or hold as a long-term rental. Don't miss out on this chance to capitalize on a solid investment in a thriving community! OFFERS DUE BY 10/13/2026 TUESDAY 3PM

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Additional Information

Subdivision: Chillum
School District: District Of Columbia Public Schools
High School: Coolidge Senior
Garage Spaces: 1
Heating: Radiator(s)
Cooling: None
Roof: Unknown
Utilities: Sewer Available, Water Available, Natural Gas Available, Electric Available, Multiple Phone Lines
Water: Public
Sewer: Public Sewer
Basement: Poured