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Marjorie Dick Stuart

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4801 3rd St Nw, WASHINGTON, DC – $1,100,000

  • $1.1M Price
  • 4,074 Sqft
  • .06 Acres
  • 11 DOM
  • $1.1M Price
  • 4,074 Sqft
  • .06 Acres
  • 11 DOM

4801 3rd St Nw

**Attention Investors!** This is a fantastic opportunity to acquire a 5-plex in the Petworth community with significant potential for value addition. There is an opportunity to increase rents through the voucher program. Currently, the units are rented through a group rental arrangement, except for one long-term tenant, generating a total monthly gross rental income of $8,084. The rent reasonableness program offers $2,449 for a 2-bedroom & $3526 for a 3-bed unit in the zip code, which could elevate the building's pro forma rent to $15,476 per month, There are three units with a 3bedroom layout and 2 bedrooms with 2-bed layout FYI, Heavy up electrical upgrade 4/5 years old, There is a common area community laundry room in the basement that currently generates an additional $400-500 per month *****The financial projections and assumptions presented in this proforma document are for illustrative purposes only and are based on information available at the time of preparation. These projections are not guarantees of future performance and involve significant risks, uncertainties, and assumptions, many of which are beyond the control of the preparer or organization. ****

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Essential Information

  • MLS® #DCDC2172576
  • Price$1,100,000
  • Bathrooms0.00
  • Square Footage4,074
  • Acres0.06
  • Year Built1936
  • TypeMulti-Family
  • Sub-TypeOther
  • StyleOther
  • StatusActive

Community Information

  • Address4801 3rd St Nw
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20011

Interior

  • HeatingHot Water
  • CoolingNone
  • Has BasementYes
  • BasementImproved

Exterior

  • ExteriorBrick and Siding

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedJanuary 3rd, 2025
  • Days on Market11
  • ZoningRA-1

Listing Details

Office

Keller Williams Capital Properties

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Price Change History for 4801 3rd St Nw, WASHINGTON, DC (MLS® #DCDC2172576)

Date Details Price Change
Active (from Coming Soon) – –

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Listing information last updated on January 13th, 2025 at 1:45am CST.