DC > Washington
Washington, DC 20011,4801 3RD ST NW
Washington, DC 20011,4801 3RD ST NW
Washington, DC 20011,4801 3RD ST NW
5
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$1,100,000
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4,074 SqFt
New

4801 3RD ST NW Washington, DC 20011

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Hailey Helton

Hailey Helton

+1(703) 919-4664

UPDATED:

01/07/2025 05:07 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,074 sqft

Price per Sqft $270

MLS Listing ID DCDC2172576

Style Other

Abv Grd Liv Area 2,861

Originating Board BRIGHT

Year Built 1936

Annual Tax Amount $9,266

Tax Year 2024

Lot Size 2,436 Sqft

Acres 0.06

Property Description

**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, with the exception of one long-term voucher tenant, generating a total monthly gross rental income of $8,084. The rent reasonableness program offers $2,449 for a 2-bedroom unit in the zipcode, which could elevate the building's pro forma rent to $12,245 per month.

Location

State DC

County Washington

Zoning RA-1

Rooms

Basement Improved

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3323//0021

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private, Bank Portfolio, Exchange

Listing Terms Cash, Conventional, Private, Bank Portfolio, Exchange

Financing Cash,Conventional,Private,Bank Portfolio,Exchange

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Abel M Gebremichael • Keller Williams Capital Properties

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Hailey Helton

+1(703) 919-4664

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4801 3RD ST NW