2420 Lenfant Sq SE,
Washington,
DC
20020
HOMEOWNER & INVESTOR OPPORTUNITY IN HILLCREST! Spacious 3BR/1BA row home on a large lot that faces L'Enfant Square SE and backs through to Burns St SE. Next door is a $6M+ townhouse development, consisting of eight 2-unit townhouses priced between $780,000 - $795,000 (4 front on L'Enfant and 4 front on Burns). Three of these homes are currently under contract. Now back to the house itself it has great bones, high ceilings, original hardwood floors, and enclosed rear porches that add sq. footage. Some TLC will go a long way here! But here's the magic: UP TO 3 UNITS CAN BE BUILT ON THE LOT! For homeowners, this is an opportunity to buy a home, update it to your liking, and have the potential to add an additional unit or two down the road as an investment. For developers/investors buy one home for a fair price in a great area and build up to three units next door to an already built, multi-million dollar residential development! Contact me for information about what is possible. Potential Redevelopment options provided by DC-based Zoning Attorney.For owner-occupant buyers, this home qualifies for the George Mason Mortgage Welcome Home Program, offering a $10,000 grant towards downpayment and/or closing costs, a minimum downpayment as low as 3%, a below market interest rate, no PMI, and a standard 30 day closing date.
