Anyone else watch the show “Flip of Flop?”
This house was purchased in January 2021 for $215,000. Today, it has been completely flipped and is listed for $479,500. Factoring in carrying costs, labor shortage, and the cost of materials, do you think this is a good flip or a flop?
The Very Best Condo Alternative in DC! Now Showing-Fully renovated 2 level town home in the hot and trending River Terrace Neighborhood. Many do not realize, this is an extremely rare river front community in DC with immediate access to Anacostia Park, the Anacostia River Trail (ART). Centrally located in the heart of DC with excellent access to Downtown, Capitol Hill, Virginia, Prince Georges County. This home is like new construction with nearly every detail addressed. If considering a condominium this is the perfect option without the hassle of a condominium association or additional payment of a never ending condominium fee. A cozy and super comfortable space to make new memories. Bright and Open floorpan with Calacatta Quartz counters with space for seating and waterfall edge. Entertain guest or family while preparing a weekend brunch over mimosa cocktails. Multiple lighting effects to set the right mood or highlight your favorite art pieces. Sexy powder room on main level for convenience. Bonus room on main level can be used as office space, exercise space, dining area, lounge or even as a 3rd bedroom. Full featured upgraded kitchen with shaker cabinets, stainless steel appliances- French Door Cabinet Depth Refrigerator, Slide in Stove with Center Griddle, Microwave, and Dishwasher. Don’t overlook the Moen 1/2 HP garbage disposal and Black ceramic coated scratch resistant sink. Atop the sink rests sharp Vigo pull down dual spray faucet. Living Room area flanks the kitchen and offers large picture window bringing in natural lighting. Main foyer entry with Full glass Door with smart automated locks and integrated alarm system. Alarm system includes, entry monitors, motion sensors, water sensor and front door lock. Custom railings show case the sunlight filled new staircase leading you to the upper level. Raised ceiling and skylight welcome you at the top. Primary Bedroom has Vaulted ceiling and ceiling fan and double closets. Main Bathroom features skylight and 12×24 tile surrounds including custom niche with integrated glass mosaic tile. Wall hung tankless toilet maximizes the space with sharp vanity to complement. Handsome Matte Black finishes throughout, this home is a showstopper. Major systems have also been upgraded to the standards of tomorrow. New 90+ efficiency Lennox furnace, Industry Leading Navien gas fired-tankless water heater installed, all new plumbing, Romex wiring, low voltage smart panel, R-49 insulated upper level ceiling, New TPO Roof with warranty, all new black metal caps and flashing. If you don’t like outdoor work this is the house for you. Multiple patio areas in the front and rear. Front has a two tiered patio with a portion covered by large awning. Set up an outdoor lounge area and separate dining space. Rear yard doubles as a patio or one car driveway featuring masonry walls. Potted garden and plants could be used creatively to soften the space. Power for a roll up door or gate is provided if buyer wishes to add door or gate in the future. Electric Vehicle (EV) charging could also be added easily as the main electrical panel is on the rear wall. This is an Orchid Properties LLC, renovation; you get over 25+ years of renovation and building experience when you buy this home.
https://www.redfin.com/DC/Washington/3320-Clay-St-NE-20019/home/10116753
