Multiple Bids: The 4,000-Square Foot Income Producer

In Multiple Bids, UrbanTurf showcases homes that we think will attract the attention of several buyers. This week, we look at a five-level Columbia Heights Victorian with a low price per square foot and many rooms to stretch out in (or rent out).
With almost 4,000 square feet and seven bedrooms, this home is, needless to say, spacious. Besides all the expected rooms, there is a dressing room attached to the master suite, an office/studio, and a one-bedroom basement apartment. A deck in the back looks out into the neighborhood, and two parking spaces exist in the rear.
The price per square footage is strikingly low, at $227, though this is likely due to the larger-than-average size. Is this home destined to be a group house or will it remain as a single-family home? We are betting on the former. More details and photos below.
- Address: 1358 Kenyon Street NW (map)
- Price: $899,000
- Bedrooms: Seven
- Bathrooms: Five
- Year Built: 1900
- Price per Square Foot: $227
- Listing Agent: Tony Hain, Lindsay Reishman Real Estate
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: $719,200
- Principal and Interest: $3,229
- Property Taxes: $163
- Total Monthly Payments: $3,392



See other articles related to: columbia heights, dclofts, multiple bids
This article originally published at https://dc.urbanturf.com/articles/blog/multiple_bids_4000_square_foot_victorian/7060.
Most Popular... This Week • Last 30 Days • Ever

Why condo fees are high in some buildings and low in others can be a difficult questi... read »

When sellers haven't quite lined up their next house before their settlement date com... read »

In this edition of First-Timer Primer, we look into the question of how to determine ... read »

The preferred mortgage product among most home buyers is the fixed-rate mortgage. How... read »

Here's what you need to know about reporting profit made from the sale of your home.... read »
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. Visit guides.urbanturf.com or start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro