Saturday, September 25, 2010
Saturday, September 18, 2010
One Month In...
This project is more extensive than our last, but it's coming along quite nicely.
Here, the kitchen floors are installed. The floors are 18x18 imported Italian porcelain. Notice the door in the upper right of the photo. It has now been closed off to expand the kitchen space.
Where the fridge sits now is where the old single door was...and a window has been replaced by a french door leading out onto the new deck.
The whirlpool jet tub was salvaged, and glass tile is installed...
And now with imported Italian porcelain:
The basement has been tiled:
And the basement bath has been accented with glass tile:
Here, the kitchen floors are installed. The floors are 18x18 imported Italian porcelain. Notice the door in the upper right of the photo. It has now been closed off to expand the kitchen space.
Where the fridge sits now is where the old single door was...and a window has been replaced by a french door leading out onto the new deck.
The whirlpool jet tub was salvaged, and glass tile is installed...
And now with imported Italian porcelain:
The basement has been tiled:
And the basement bath has been accented with glass tile:
Saturday, August 14, 2010
iClub Starts It's 2nd Investment Project!
Okay, we really had to have some vision here...but we plan on turning this old city rowhouse into a modern condo-alternative. This is in the Northwest DC neighborhood of Takoma Park. The home is less than a 1/2 mile from the Takoma Park metro station, beautiful parks, a new recreation center with an indoor pool, and a "Main Street" with independent shops and stores. Stay tuned for pictures and video of the construction!
Monday, June 28, 2010
4-Unit Building for Sale in 16th Street Heights
This property is the perfect investment for those seeking cashflow. The building has 4 one bedroom units that rent for $750 per month (that's gross income of $36,000 per year). The tenants pay EVERYTHING including the water. Take out property taxes and a few maintenance expenses, and this property has a net income of $30,689 for a cap rate of 8.6% at the list price of $357,375. For a full virtual photo tour, click here: http://slideshow.mris.com/slideshow.cfm?ListingKey=90180981105 Video tours are available below.
Sunday, April 11, 2010
SOLD! iClub First Investment Property ($155,000 Equity)
CityDwellers' iClub is happy to announce that its first investment property has been SOLD! It took exactly 4 months from start to finish. We turned an ugly duck into a beautiful swan. By decorating with the right colors, removing walls to add functionality, and updating fixtures and appliances, we created $155,000 in equity. See the before and after pictures below.
For a full VIRTUAL TOUR of the entire house, CLICK HERE.
For a full VIRTUAL TOUR of the entire house, CLICK HERE.
Tuesday, January 5, 2010
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