Boasting large rooms with charming arches and high ceilings, this grand, old world co-op in Hampshire Gardens is waiting for your vision to return it to the splendid home that it once was. Hampshire Gardens is an incredibly unique cooperative complex with a very large, park-like courtyard surrounded by Tudor style buildings and conveniently located in the one block from an excellent neighborhood grocery store and a few blocks from Kennedy Street, the Fort Totten Metro, and the newly expanded Metropolitan Branch Trail. Have you any question about the potential for this north-eastern corner of Petworth, just take a walk on Kennedy to see the many new bars and restaurants, in-progress developments, and “coming soon” signs that span the 16 blocks that lead from here to the entrance to Carter Barron Park. Do you enjoy hiking, biking, tennis, outdoor theater, bird watching, or catching rays while listening to the tumbling waters of a rushing creek? That’s all available at the Carter Barron Park entrance to Rock Creek Park. Prices have skyrocketed in this area for good reasons, there is a ton of green space, excellent transportation, a burgeoning nightlife, and ample opportunity for expansion. Renovated one bedrooms here have recently sold for over $200K. Don’t miss this opportunity to build your dream home! Unfortunately, given the condition of the unit conventional or FHA loans will not work here so cash or other lending options will be required to purchase. Investors planning to renovate and then sell to owner occupants may be considered, but purchasing to lease is not an option.
Listing courtesy of EJF Real Estate Services.