From a row house in the heart of DC to a neglected single-family home in PG country, we’ve funded 262 projects this year worthy of attention. Which one stands out the most?
Each week we shine a spotlight on a flip with contemporary features, efficient design, or neighborhood features. Never miss a #TransformationTuesday here. Take a look at the rehabs, and cast your vote for the Flip of the Year!
Flip #1 – Shaw Row House
The first contender for the title is this Northwest row house. Situated in the heart of the Shaw neighborhood, our borrower upgraded this property from a 3:2 to a 4:3. An underutilized backyard space was replaced with a large deck for entertaining and hardwood floors were added to the first floor. What makes this rehab truly valuable is the one bedroom basement apartment with separate access.
Purchase: $650,000
Sold: $895,000
Purchase: $650,000
Sold: $895,000
Flip #2 – H Street Row House
Just blocks away from Union Station, this H Street Corridor row house received a fully renovated interior and exterior. All flooring was replaced, a bathroom was added, and several deteriorating brick walls were removed.
Purchase: $465,000
Sold: $732,000
Purchase: $465,000
Sold: $732,000
Flip #3 – Mount Pleasant 4 Story
Strong bones make a dramatic interior transformation! Neighboring the National Zoo, this property was created for a big family. Upgrades include: an open floor plan, black stainless steel appliances, and an in-law suite.
Purchase: $900,000
Sold: $1,500,000
Purchase: $900,000
Sold: $1,500,000
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Flip #4 – PG County Fixer Upper
This 2004 build may not be old but was clearly neglected by tenants throughout the years. And although the bed/bath count stayed the same, this property received a beautiful kitchen upgrade, finished basement, and fresh carpet/paint throughout the house.
Purchase: $380,000
Sold: $580,000
Purchase: $380,000
Sold: $580,000
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