Bought with Koy D Banks • EXIT Landmark Realty Lorton
$1,200,000
$1,199,999
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2,800 SqFt
SOLD DATE : 04/03/2026
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $428
MLS Listing ID DCDC2244574
Sold Date 04/03/26
Style Traditional
Abv Grd Liv Area 2,800
Year Built 1937
Available Date 2026-02-21
Annual Tax Amount $7,836
Tax Year 2025
Lot Size 4,560 Sqft
Acres 0.1
Property Sub-Type Detached
Source BRIGHT
Property Description
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
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2800
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3401//0021
Ownership Fee Simple
SqFt Source 2800
Special Listing Condition Standard
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