One of a kind opportunity in a fantastic downtown location. Renovated turnkey rental property on a huge lot. Four units each with 2 bedrooms and 2 full baths. The units feature, Hardwoods, Kitchens with Granite Counters, Wood Cabinetry and Stainless Appliances. Beautiful Wood Windows and Washer Dryer in Each unit. The lot - as a matter of right affords the ability to build over an additional 12,000 square feet of residential space. Resale prices in the immediate area approach $900 per square foot. The potential return is phenomenal. The existing building and income afford a unique circumstance and opportunity for financing and immediate cash flow. The location is unbeatable - Metros, Restaurants, Retail, The Arts and one of the few remaining development opportunities left. The numbers work now and the potential long term gain is unparalleled.
1822 4TH ST NW WASHINGTON, DC Home Stats:
Lot Size (Acres)
Listed by George Giamas, Long & Foster Real Estate, Inc.
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