Good Deal or Not? “Needs complete renovation!” edition

by Prince Of Petworth February 17, 2012 at 1:00 pm 20 Comments

This shell is located at 3602 16th St, NW:

The listing says:

“EXCELLENT INVESTMENT OPPORTUNITY! Potential for FOUR 1000+sf CONDOS in a gorgeous building in MT. PLEASANT / 16th St. Heights area! Walk to METRO, etc. Property has EXISTING ROOFTOP DECK! GARAGE plus off-street parking spaces! Needs complete renovation! Build your DREAM HOME w/ rental unit(s) income & enjoy the hilltop city views from gigantic private rooftop terrace!!”

This shell is yours for $750,000. How much do you think it’ll cost to make it a dream home?


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