3005 Nelson Place SE

Description

WOW BIG REDUCCION PRICE an Exceptional Investment Opportunity in the Heart of Hillcrest – Permits Approved This is a four-unit residential structure & FRAMED condition, awaiting full development. OFFERED BELOW THE TAX ASSESSMENT.Savvy investors, take note! This rare Colonial-style quadruplex in the highly sought-after Hillcrest neighborhood offers a prime opportunity to capitalize on a high-potential project. With building permits in hand and approved floor plans, the heavy lifting has already been done — the property is fully gutted, framed, and ready for your finishing touches.Boasting solid brick construction and spanning approximately 3,480 sq ft, this multi-family building features:4 total unitsTwo 3-bedroom, 2-bath unitsTwo 2-bedroom, 2-bath unitsLocated in a DC-designated Opportunity Zone, this property offers potential tax advantages and is ideal for investors looking to hold or flip in a high-demand area. The Hillcrest district is known for its charm, historic appeal, and strategic location — just minutes from Capitol Hill, the Anacostia Waterfront, major commuter routes, public transit, and more.Property Highlights:Colonial-style architectureFramed and ready for build-outBuilding permits and floor plans already securedStrong rental income potentialIdeal for condo conversion, short-term rental, or long-term holdProximity to major amenities, downtown DC, and new development corridorsSold AS-IS, this is your chance to transform a well-positioned property into a cash-flowing asset in one of DC’s emerging growth markets.📍 Don’t let this unique Hillcrest gem pass you by — schedule a tour or submit your offer today!