Home | Newsletter | Advertise
loading...

Investor Opportunity: Central African Republic Embassy For Sale

  • January 17th 2011

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

Investor Opportunity: Central African Republic Embassy For Sale: Figure 1
1618 22nd Street NW

Four-level townhomes in Kalorama can easily fetch several million dollars when listed for sale, so when one hits the market for just $1.3 million, it seems like it must be a deal.

Well, the townhouse that houses the offices of the embassy of the Central African Republic at 1618 22nd Street NW (map) was listed for sale late last week for just that amount. The property is currently being used as offices, so some work would be required if the eventual buyer wanted to convert it into condos or a single-family home. Also, the listing description for the 2,775 square-foot property notes that it is “in need of work”, an indication that the building is in fairly rough shape.

All that said, its Dupont/West End location (near the corner of 22nd and R Streets NW) and its potential value as office space or condos make the property quite attractive to the right buyer.

* Image courtesy of Google Maps.

See other articles related to: investment properties, west end

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/investor_opportunity_central_african_republic_embassy_for_sale/2858.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse