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What Does $505K Buy You in DC?

  • October 7th 2009

by Mark Wellborn

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What Does $505K Buy You in DC?: Figure 1

In this week’s installment of What X Buys You, we look at a recently renovated four-bedroom rowhouse in northern Columbia Heights that is on the market for just north of $500,000. The main level has a long and slightly narrow floor plan with an all new kitchen in the back, and off the kitchen are stairs to a fenced-in back patio area. Perhaps one of the most enticing things about this property is that it has a one-bedroom/one-bath rental unit on the ground floor (currently rented for $1,068/month) that could help supplement mortgage payments. More details and photos below.

What Does $505K Buy You in DC?: Figure 2
Living Room

What Does $505K Buy You in DC?: Figure 3
Kitchen

What Does $505K Buy You in DC?: Figure 4
Backyard

  • Address: 12111 Otis Place NW (see map here)
  • Price: $506,000
  • Bedrooms: Four
  • Bathrooms: Two
  • Year Built: 1909
  • For the full listing, click here.

  • Update: Evidence of how fast quality properties are moving in the market these days: The status on this property has already been changed to Contingent w/No Kick-Out“

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/what_does_505k_buy_you_in_dc/1389.

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