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4801 3rd Street NW

Washington, DC 20011

Name: Open House: 12pm-1:30pm
Start: 2025-02-01T12:00:00
End: 2025-02-01T13:30:00
Location: 4801 3rd Street NW

– beds
– baths
4,074 sqft
2,436 sqft lot
$270 per sqft
1936 build

Seller is offering $50,000 CapEx Escrow**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. ****

Listing courtesy of BRIGHT / Keller Williams Capital Properties

Last checked: Checking… • Last updated Jan 30, 2025 •

MLS# DCDC2172576 —

Upcoming Open Houses

Saturday, 2/1
12pm-1:30pm

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The Building

Year Built:

1936
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

4
Structure Type:

Other
Architectural Style:

Other
Accessibility Features:

2+ Access Exits
Basement:

Yes
Basement Type:

Improved
Total SqFt Source:

Assessor
Total Below Grade SqFt:

1398
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

4074

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

4259
Living Area SqFt:

4,074 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, Private, Bank Portfolio, Exchange
Possession:

Negotiable

Location

Directions:

Please refer to Google maps or GPS.
Latitude:

38.94877000
Longitude:

-77.01549000

The Property

Property Subtype:

Other
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.06
Lot Size Source:

Assessor
Lot SqFt:

2,436 Sqft
Zoning:

RA-1
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Soil Types:

Soil Study Avail
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

3323//0021
Tax Year:

2024
Tax Lot:

21
Tax Annual Amount:

$9,266
Tax Assessed Value:

$1,027,780
Year Assessed:

2024
City/Town Tax:

9266.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Hot Water
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

District Of Columbia Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
Vacation Rental:

No
Two Bedroom Units:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/3/25 Jan 3, 2025	Listed / Active	BRIGHT	$1,100,000

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This multifamily located in Northwest Washington, Washington, DC 20011 is currently for sale for $1,100,000. 4801 3rd Street NW is a 4,074 square foot multifamily with – beds and – baths. 4801 3rd Street NW is in the Northwest Washington neighborhood of Washington and has a WalkScore® of 63, making it somewhat walkable.

Listing Courtesy of: BRIGHT and Keller Williams Capital Properties.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

4801 3rd Street NW

Washington, DC 20011