3 NEW YORK AVE NW, WASHINGTON, District Of Columbia 20001 - $1,199,998
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
Investment Opportunity: Fully Renovated Property with Income Potential
This prime property, owned by a licensed realtor, presents a fantastic investment opportunity. With an application already submitted for a Bed and Breakfast or Small Motel license, we are currently awaiting DC review. The property is ideally suited for a variety of businesses, including short-term rentals, offering excellent potential for high returns.
Proven Profit: The property generated over $118,000 in estimated profits last year—demonstrating its strong income potential.
Two Fully Renovated Units:
Basement Unit: Features a 1-bedroom, 1.5-bathroom layout, perfect for a private rental or guest suite.
Upstairs Unit: Offers 3 spacious bedrooms, 1 bathroom, and modern finishes throughout.
Both units boast gourmet kitchens, upgraded in 2021, providing high-end living for tenants or guests.
Security & Privacy: The property is secured with a fenced-in yard and a gated entry, ensuring peace of mind for residents and guests.
This property is ready to deliver strong returns, whether you’re looking to operate a short-term rental, B&B, or small motel. Don’t miss out on this incredible opportunity to own a fully renovated, income-generating property in a sought-after location.
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com
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Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Realty ONE Group Capital represents the interest of the seller 2029325100 DCDC2192168. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.