1622 EASTERN AVENUE NE, WASHINGTON, DC 20019

Fresh to the market with a significant price improvement aligned with a recent HUD appraisal—an excellent opportunity for both investors and homeowners. This versatile property accommodates a wide range of financing options, including conventional loans, FHA 203(k), and other renovation programs, making it ideal for buyers planning to remodel or customize to their vision. Perfectly situated near Deanwood Metro, Kenilworth Park, Kenilworth Aquatic Gardens, and the nearby Costco Shopping Center, with quick access to downtown DC and major commuter routes. This is a reverse‑mortgage short sale and requires third‑party approval. The HUD appraisal is already complete, meaning the first step of the short‑sale process is done. Property is offered strictly “As Is” and “Where Is.” Owner‑occupant buyers may be eligible for up to $10,000 in lender grant programs, adding even more value to this opportunity (pending availability of funds). Buyer agrees to pay a short sale processing fee of 2% or $6,000 — whichever is higher — to Capital Short Sale Group.