

This home is located at 1601 8th Street, NW:
The flier says:
“This is an excellent opportunity to buy a huge property on a corner lot in historic Shaw. Property is in solid condition and is a very attractive investment. It had been leased most recently for $3,200 per month (6.5% Cap Rate at asking). Finished basement. Blocks to local restaurants, Logan Circle and downtown.”
More info but sadly no photos can be found here.
It’s obviously a tough call without photos but this does seem like a big house with lots of potential. Does $595,000 sound reasonable?