Property for Sale in Washington
5001 1st Street NW, Washington, DC
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- Property for Sale in Washington
Key Facts
- MLS® #: DCDC2244574
- Property ID: SIRC3096525
- Original Price: USD 1,199,999
- Property Type: Residential, Other
- Year Built: 1937
- Listed By:
- Christopher Burns
Property Description
Cash-flowing investment opportunity in Petworth with a proven rental history! This 4-unit multifamily building was renovated in 2020 and features 3BR/1BA units, each with a consistent track record of achieving $3,000+ per month in rent. Three of the four units are currently vacant, offering an investor or owner-occupant immediate upside to avoid complications and place their own market or voucher rate tenants. The property presents compelling redevelopment potential. Its substantial lot size and RA-1 zoning offer the opportunity to increase its unit count and footprint, subject to required zoning approvals. FHA and VA buyers welcome! ** Unit 2 and Unit 3 can be shown. Unit 4 is finishing up a unit turn. **
Listing Agents
- Christopher Burns
C. 2022517465
O. 2022517465
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Location
5001 1st Street NW, Washington, District of Columbia, 20011 United States
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TTR Sotheby's International Realty
1515 14th Street NW
Washington, District of Columbia, 20005
United States
2022343344