5001 1st Street NW, Washington, DC, 20011 (Off Market)

For Sale, USD 1,199,999


5001 1st Street NW, Washington, dc, 20011,

Property Type : Other Residential

Property Style : Traditional

Build Size : 2,800 ft² / 260 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: DCDC2244574


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. **
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5001 1st Street NW, Washington, DC, 20011, United States,District of Columbia,Washington is a 2,800ft² Washington luxury Other Residential listed for sale USD 1,199,999. This high end Washington Other Residential is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Washington or search for luxury properties for sale in Washington.