Home | Newsletter | Advertise

Deal of the Week: Multi-Story Victorian That Needs Updating

  • October 2nd 2012

by Shilpi Paul

✉️ Want to forward this article? Click here.

Deal of the Week: Multi-Story Victorian That Needs Updating: Figure 1
1132 10th Street NW

This installment of Deal of the Week needs a bit of work, but the potential for a beautiful end result may make it all worthwhile.

Rough floors, chipped paint and general griminess may deter some potential buyers from this home. The dingy home is being sold as-is, and will likely require several months (and many dollars) of investment to shine.

However, this seven-bedroom, four-story Victorian has the potential to be quite stunning. Bay windows and multiple fireplaces are just asking to be spruced up. Also, according to the listing, the home is ready to be divided into two, possibly three, units, providing a couple sources of rental income.

The location, close to the Convention Center and one block away from the booming 9th Street Corridor, is also a plus. As evidenced by the numerous cranes around, the neighborhood is undergoing a certain transformation. Hopefully, this house will transform right along with it.

More details and photos below.

Deal of the Week: Multi-Story Victorian That Needs Updating: Figure 2
Living Room

Deal of the Week: Multi-Story Victorian That Needs Updating: Figure 3
Dining Area

Deal of the Week: Multi-Story Victorian That Needs Updating: Figure 4
Kitchen

  • Address: 1132 10th Street NW (map)
  • Price: $650,000
  • Bedrooms: Seven
  • Bathrooms: Four
  • Square Footage: 2,146
  • Price Per Square Foot: $303
  • Listing Agent: Mary Illes, Weichert, REALTORS

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.5 percent.

  • Loan Amount: $520,000
  • Principal and Interest: $2,335
  • Property Taxes: $399
  • Total Monthly Payments: $2,734

See other articles related to: 9th street, dclofts, deal of the week

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_multi-story_victorian_that_needs_updating/6102.

Pipeline: New Condos & Apartments Coming to the DC Area

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse