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Good Deal or Not? “Move in Ready” Edition (Reader Request)

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Ed. Note: In the google street view above the house is the gray one.

This home is located at 1207 6th Street, NE:

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The flier says:

“4 bedrooms and 2.5 baths and a 1 BR with 1 Full Bath basement “In-law suite”. Kitchen and bathrooms recently updated. Hardwood flooring throughout. Currently a rooming house. This home is Move-in ready! 3 blocks to New York Avenue metro and revitalization on H ST. Move in Ready”

More info and photos found here.

The reader writes:

“Some odd things about it – Rooming House? Natural Gas Cooling? – and recently the price was drastically lowered.
Since we’re not really in the market for a home, we haven’t gone to see it – but thought some of your readers might have, and that it could be an interesting post.”

Wow that is a huge price cut. It was originally going for $499,000 but is now on the market for $299,000. What do you think of the house? Does $299,000 sound reasonable? Anyone check it out in person?

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