A compelling opportunity to buy below assessed value and create immediate equity through renovation in one of Washington, DC's established residential neighborhoods. 1839 Lamont Street NW offers the increasingly rare combination of an attractive acquisition basis and meaningful upside. Rather than paying a premium for someone else's finished renovation, a… Read More buyer has the opportunity to acquire the property at a favorable basis, make improvements tailored to their own vision, and capture the resulting appreciation. The strategy is straightforward: buy right, renovate intelligently, and build equity from day one. With thoughtful modernization of the interior and a refreshed exterior, the property has the potential to be repositioned into a beautifully updated DC residence while maintaining the character and architectural details of the original home. For an owner-occupant, this is an opportunity to put renovation dollars into your own equity rather than paying a developer's markup. For an investor, it presents a classic value-add scenario: acquire below assessed value, improve the asset, and establish a substantially stronger basis upon completion. Buy below assessed value. Improve it your way. Capture the upside yourself. Read Less
Courtesy of Farid Ghanbari, Samson Properties 703-378-8810
Listing Snapshot
Days Online
1
Last Updated
Property Type
Townhouse
Beds
7
Full Baths
4
Square Ft.
3,679
Lot Size
0.06 Acres
Year Built
1910
MLS Number
DCDC2284184
Additional Details
Building
Built in 1910, Living area: 3679, Levels: 4, Entry level: 1, Construction Materials: Brick
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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