427 W 23RD Street W

Description

This charming Colonial-style townhouse, located in the esteemed Remington Historic District, presents a compelling investment opportunity for discerning buyers. Built in 1900, this property combines historical character with modern functionality, making it an attractive option for both rental and resale markets. Spanning 1,386 square feet, the interior features a traditional floor plan that maximizes space and livability. The residence includes three well-proportioned bedrooms and a full bathroom, catering to a variety of tenant needs. The partially finished basement offers additional potential for expansion, whether as a recreational area or extra storage, enhancing the overall utility of the property. The property is equipped with essential appliances, including a refrigerator, stove, washer, dryer, and water heater, ensuring immediate functionality for new occupants. The presence of laundry facilities in the basement adds convenience, a desirable feature for potential renters. Constructed from durable brick, the townhouse is in good condition, requiring minimal immediate investment in repairs or renovations. The urban location provides easy access to local amenities, public transportation, and employment centers, making it an appealing choice for renters seeking a vibrant community atmosphere. On-street parking is available, further enhancing accessibility for residents and guests. Investors will appreciate the potential for strong rental yields in this area, driven by the demand for housing in urban settings. The Remington Historic District is known for its unique charm and proximity to cultural attractions, which can attract a diverse tenant base. Additionally, the historical significance of the neighborhood may contribute to long-term property value appreciation. With a modest lot size of 0.02 acres, maintenance is manageable, allowing for a focus on maximizing rental income. In summary, this townhouse offers a unique blend of historical charm and modern convenience, positioned in a desirable urban location. Its well-maintained condition, essential amenities, and potential for rental income make it an excellent addition to any investment portfolio. In addition, nearly 8' ceilings in the basement offer great potential. The current tenant is in the process of moving out during this sale process. Contact the listing agent for current and market rental values.