#DCDC2132106, William Price, Listing Office: EXIT Right Realty
Property details
About 618 55th St NE
Rare Opportunity Alert! Calling all Builders, Investors, and New Construction Aspiring Buyers! Prime Location: Nestled in the heart of Washington, DC, this property occupies a coveted in-fill location strategically positioned between two Metro Stations. Its proximity to downtown and major transportation routes makes it exceptionally convenient for daily commuters and urban explorers alike. Endless Potential: Situated in a burgeoning revitalization area, this property offers a superb opportunity to develop or build a residential masterpiece tailored to your exact needs. The neighborhood's recent transformation has seen a surge in demand, with new single-family homes fetching prices upwards of $550,000. Save and Profit: By purchasing the vacant lot and overseeing the construction yourself, you have the potential to save a substantial amount of money compared to buying a completed property. Moreover, you'll have the satisfaction of creating your dream home while potentially increasing its value over time. Investor's Delight: Savvy investors and builders recognize the incredible return on investment this property offers. With the market on the rise and demand for housing in the area continuing to grow, seizing this opportunity could yield significant returns in the future. Verify and Secure: Prior to making an offer, buyers are encouraged to verify all development possibilities with the appropriate Washington, DC approval agencies. The seller is motivated to close quickly, so don't hesitate to reach out with any questions or schedule a drive-by viewing of the property. Act Now: With its unbeatable location, endless potential, and motivated seller, this property won't last long on the market. Don't miss out on the chance to secure your stake in one of DC's most dynamic neighborhoods. Schedule your viewing today and turn your real estate dreams into reality!
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2132798
- MLS Name: BRIGHT
- Office Name: EXIT Right Realty
- Office Phone: (301) 362-4500
- Listing Agent: William Price
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Last updated on: 2/3/2025, 10:21:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$89,000
618 55th St NE
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Price information
Property sales
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Tax history
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Nearby schools
2
Drew Elementary School
Public District EE-5
0.1 mi
•5600 Eads St NE
5
Burrville Elementary School
Public District EE-5
0.2 mi
•801 Division Ave NE
9
Kipp Dc - Quest Academy Public Charter School
Public Charter 1-4
0.4 mi
•5300 Blaine St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,000. Residents of Washington, DC typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 618 55th St NE
This home is located at 618 55th St NE in Washington, DC and zip code 20019 in the Northeast Boundary neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $89,000.
In January 2025, from all listings sold in Washington, DC there were more than 87 sold above asking price, over 198 sold below and more than 93 were sold right at the asked price. The inventory of homes for sale in Washington, DC between December and January 2025 increased by 12.1%. Listings spent 59 days on the market in January 2025, and had a median list price of $673,815 during the same period.