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sales rep | Brivity IDX

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242 NW Madison St NW , Washington, DC 20011
$415,000
Est. Payment: $2,302.55/mo
4 Bed
1 Bath
2542 Sqft
0.04 Acres
Status: pending | Days on site: 28
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House Description

Discover a prime investment opportunity in the heart of Chillum! This charming 4-bedroom, 1-bathroom townhouse, built in 1930, boasts a spacious 2,002 sq. ft. of potential. With a contemporary design and durable brick front, this property is poised for appreciation in a growing neighborhood. Strategically located less than a mile from a bus stop and within 1-3 miles of a metro/subway station, it offers excellent accessibility for future tenants. The poured concrete basement provides additional storage or potential for conversion into extra living space, enhancing rental income possibilities. Off-street parking and a basement garage add convenience for residents, while the absence of a pool reduces maintenance costs. This property is a blank canvas, ready for your vision-whether you choose to renovate for higher returns or hold as a long-term rental. Don't miss out on this chance to capitalize on a solid investment in a thriving community! Motivated Seller, not desperate. All fair offers will be reviewed.

Highlights

Listed by Ronald A Graham , 2024666100 Samson Properties , 7033788810. Bright MLS

Property Type

Townhome

Lot/Acreage
0.04

Year Built

1930

County

Washington

Neighborhood

Chillum

School District

District Of Columbia Public Schools

Listing ID

DCDC2287594

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Above Ground Sq Ft:2002
Below Ground Sq Ft:540
Basement:Poured Concrete
Other:
  • ▪ Main Floor Bedrooms:4
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:1
Zoning:R3
Roof:Unknown
Sewer:Public Sewer
Parking Features:Basement Garage,Off Street,On Street,Parking Garage,1+ Spaces
Principal Interest
$2,303
Taxes
$4,643

Home Price

$415,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$83,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,302.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,302.55 $4,642.58 $0.00 $6,945.14
Yearly $27,630.63 $55,711.00 $0.00 $83,341.63
Total $828,918.87 $1,671,330.00 $0.00 $2,500,248.87
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS