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Good Deal or Not? “AS Is, Rehab” edition

by Prince Of Petworth October 26, 2010 at 1:00 pm 34 Comments

This home is located at 1483 Newton St, NW:


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The flier says:

“Vacant. AS Is, Rehab. Bring your investors. 3bed up with one bath. Main level entrance hall, to livingroom, dinning room and kitchen. Small room in front could be office or study. all hardwood floors throught. Small fenced in back yard. Front and back entrance to basement with half bath unfinished. Unfinished basement waiting for a nice English Basement potential. Between16 & 14th st, near Columbia metro.”

You can find more info here and photos here.

I’ve had some requests to show some fixer uppers and when I saw this one I thought it was perfect. What do you think of the potential? How much will it cost to fix up? Does $375,000 sound reasonable given the work that is needed?

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