$1,199,999
5001 1st Street Nw, Washington, DC, 20011
- 2,800 Sqft
- MLS#DCDC2244574
About the Property
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
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. **
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Property type
Other
-
Year built
1937
-
Price/sqft
$428
Features
- Investment Property
- Renovated
- Air Conditioning
Explore the Area
5001 1st Street NW , Washington, DC 20011, District of Columbia, United States
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TTR Sotheby's International Realty
1400 16th St. NW Suite 730, 20036, Washington, District of Columbia, United States
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Since 1988, real estate professionals at TTR Sotheby’s International Realty have
ranked among the highest perfo
ranked among the highest perfo
Since 1988, real estate professionals at TTR Sotheby’s International Realty have
ranked among the highest performing in the nation, and are regarded for their
integrity, professional service, and community leadership.
Through our relationship with the venerable Sotheby’s auction house, TTR
Sotheby’s International Realty produces extraordinary results for our clients by
leveraging proprietary global marketing, cutting edge digital strategies, and
unrivaled access to the most affluent and discerning global clientele.
ranked among the highest performing in the nation, and are regarded for their
integrity, professional service, and community leadership.
Through our relationship with the venerable Sotheby’s auction house, TTR
Sotheby’s International Realty produces extraordinary results for our clients by
leveraging proprietary global marketing, cutting edge digital strategies, and
unrivaled access to the most affluent and discerning global clientele.
Last updated
April 9
First listed
Feb 6
Listing link
Listing reference
ZB2BVC
Contract status
Contract Pending
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