4937 1st Street NW
Washington, DC 20011
- – beds
- – baths
- 2,886 sqft
- 4,488 sqft lot
- $329 per sqft
- 1936 build
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Investor Special in Petworth! This 4-unit building offers incredible potential for development or continued rental income. Located in the thriving Petworth neighborhood, this property is a fantastic opportunity for savvy investors looking to expand their portfolio. With one unit currently leased and three vacant, the options are limitless. Whether you choose to renovate, redevelop, or lease the remaining units, this property promises strong returns in a high-demand area. Don’t miss out on this chance to capitalize on the booming Petworth market!
Listing courtesy of BRIGHT / Halcyon Realty Group LLC
Last checked:
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Last updated Jan 7, 2025
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MLS# DCDC2157444 —
The Building
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Year Built:1936
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:4
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Structure Type:Interior Row/Townhouse
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Architectural Style:Other, Traditional
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2886
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2886
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Living Area SqFt:2,886 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Conventional
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Possession:Settlement
Location
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Directions:Between Emerson St NW and Farragut St NW
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Latitude:38.95060000
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Longitude:-77.01223000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Assessor
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Lot SqFt:4,488 Sqft
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Zoning:RA-1
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Soil Types:Urban Land-Sassafras-Chillum
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (631) 365-5862
- Office phone:
- (301) 887-3020
Taxes
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Tax ID Number:3401//0010
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Tax Year:2023
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Tax Lot:10
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Tax Annual Amount:$7,939
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Tax Assessed Value:$934,000
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Year Assessed:2023
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City/Town Tax:7939.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:REO (Real Estate Owned)
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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# of Units:1
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Vacation Rental:No
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One Bedroom Units:2
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/30/24
Dec 30, 2024
|
Sold | BRIGHT | $949,900 | |
9/19/24
Sep 19, 2024
|
Sold Subject To Contingencies | BRIGHT | $949,900 | |
9/5/24
Sep 5, 2024
|
Listed / Active | BRIGHT | $949,900 |