4227 Dix St NE

Conservative $350K ARV, with renovated comps closing at $385K. Asking $184,900. Full gut in Northeast DC (20019). 3 bed / 2 bath, 1,200 sqft on a 2,281 sqft lot, built 1950. Built-in upside The upstairs kitchenette converts to a 4th bedroom. A 4-bed resells for more, and Section 8 payment standards rise with bedroom count. Two separate entrances, each with access to the whole house. It lives as a single-family today, with potential to split into two units (buyer to verify zoning). The numbers Asking: $184,900 ARV: $350,000 (conservative) Recent renovated comps: $385,000 Rehab room at 70%: about $60K at our ARV, about $85K at current comps Exits: Flip to retail, or hold as a 4-bed voucher rental. Access & terms: Lockbox on site. Cash or hard money only. Buyer pays all closing costs. $5,000 EMD. Comps available on request. Book a walkthrough or submit your offer.