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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous][quote=Anonymous]Seems like a lot of money for an investment property with two 2/1s. https://www.redfin.com/DC/Washington/658-Morton-Pl-NE-20002/home/9898189[/quote] Really depends on condition of units. Hopefully they will post interior photos when it lists on the 15th. If they are really “turn-key” as they claim, you could easily rent each out for 2k without putting any work in. That’s sort of an ideal investment property, because you don’t have to renovate and you could price very competitively (so not a lot of time on rental market). And that location, between Union market and H, will be very appealing to the kind of 20-something professional likely to be interested in an unrenovated 2bed for under 2500. Could be ideal.[/quote]
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