GDoN “much larger inside than appears from outside” edition

GDoN

This house is located at 5529 Nebraska Avenue, Northwest. The listing says:

“OPEN HOUSE SAT JAN 23, 12-2PM AND SUN JAN 24TH, 1-3PM. Amazing Chevy Chase location and price! Detached 4 level home, much larger inside than appears from outside. Hardwood floors, separate dining room, powder room on main level, living room w/fireplace,detached 1 car garage, front porch, large attic, tremendous potential. Close to everything including shops, metro, bus, restaurants and more.”

inside

You can see more photos here.

This 3 bed/1.5 bath is going for $675,000.

12 Comment

  • Detached home for 675k in Chevy Chase? Yeah, it’s a REALLY good deal. It says it’s 1512 sq feet on Zillow, which is on the smaller side, but I could deal with that size.

    • There have been a couple houses in that little area between Conn and Military that have come on the market for around $800K. Usually just like this: an estate sale on a house that needs lots of cosmetic work at the very least, and some fairly major infra upgrades most likely (this one clearly doesn’t have central A/C). You would need to sink lots of money into it, but with the right upgrades it could end up costing a lot less than buying something rehabbed. I’m guessing at this price it goes waaaayyyyy beyond just “Needs a new kitchen”! Still think it’s a good deal a couple blocks from Lafayette if you are willing to deal with the pain.

      • As long as the appliances work, the kitchen is something that could be done later, perhaps in stages. It looks like something out of the 50s with some updated appliances–nothing wrong with that. Central A/C isn’t essential anywhere except in people’s heads and the cost for adding it will be relatively small relative to the purchase price. I’d be more concerned about the age/condition of the furnace.

        As long as someone has the cash flow to gradually upgrade over a 5-10 year horizon, and as long as there are no issues with water leaks or the roof, this probably would be a good buy and a decent investment for someone.

  • decent deal if you have the time and money to completely renovate it. Price reflects the condition.

  • GREAT deal assuming there are no major defects (heat, plumbing electric, foundation) and even then still probably a decent deal. There are probably a dozen families with young kids looking for ANY house under 700k zoned for Lafayette / 20015. (BTW – Lafayette is actually receiving a beautiful renovation right now, Deal & Wilson were already renovated.) If my kids were younger I would buy this house, do the painting myself, have the wood floors refinished and do a kitchen ‘refresh’ new floor and swap out cabinets for self-assembled Ikea cabinets. I’d rather live in house for a while to get a feel before doing a major reno.

  • HaileUnlikely

    Agreed

  • Is that a slate roof? If so, great deal. That thing is rock solid (pun intended).

  • Buy/Raze/Build McMansion/Profit. It’s the upper northwest way.

  • brookland_rez

    A flipper will get a hold of it with an all cash offer.

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