Monday, April 4, 2011

Here we go again..

1501 Vermont Ave, NW

Last October, I wrote a post about the secret to success in the DC market was to price low.  Somebody has been paying attention.

1501 Vermont Ave, NW hit the market 10 days ago for 549K.  As you can see, it's an enormous row house located off Logan Circle.  It has 3 bedrooms and 2 full baths.  The house has been gutted on 3 of the 4 levels but it has a lot of potential.  It received SEVENTEEN OFFERS and is going under contract today.  

Spring has sprung.




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