Dear PoP – GDoN Flip – 4714 15th St. NW

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“Dear PoP,

I got the tip from a neighbor that 4714 15th St. NW (formerly the “no heat or AC” GDON) was flipped and back on the market. This time it’s got a fireplace, new HVAC, plumbing, electrical, and lots more. Formerly listed at $389,000 and sold for $100,000 less, it’s now up for sale at $629,000. That’s a pretty sweet potential profit.”

http://www.princeofpetworth.com/2009/02/good-deal-or-not-no-heat-or-ac-edition/

http://www.redfin.com/DC/Washington/4714-15th-St-NW-20011/home/10017194

http://slideshow.mris.com/slideshow.cfm?ListingKey=90134037154

Do you think the new price matches the renovations?

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