5001 1st Street NW, Washington, DC 20011
- Beds
- 12
- Sqft
- 2,800
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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. **
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 12
- Square feet
- 2,800
- Lot size (acres)
- 0.10
- Year built
- 1937
Utilities
- Heating
- Hot water
- Cooling
- None, Electric
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2025)
- $7,836
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: DCDC2244574 Last checked: …
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