4801 3RD ST NW, WASHINGTON,DC 20011

$1,100,000

4801 3RD ST NW, WASHINGTON, District Of Columbia 20011 - $1,100,000

0.06 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

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.

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $1,100,000
Year Built : 1936
Lot : 0.06 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Hot water

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
DC
WASHINGTON
WASHINGTON
20011
W78° 59' 4.2''
N38° 56' 55.6''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
4,259 Sq.Ft
: Ra-1
N
: Negotiable
Public Sewer
: Public
$0
258.28
2024
9266

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 981-5923

    rick@virginiaestates.com







    There is no favorite listings!
    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Keller Williams Capital Properties represents the interest of the seller 2022437700 DCDC2172580. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.