Well-maintained brick 4-unit property located in the highly sought-after Manor Park neighborhood of NW Washington, DC. Built with solid 1930s construction, this asset offers a spacious layout with four 1-bedroom, 1-bath units, each featuring hardwood floors and a screened-in porch, providing excellent rental appeal and long-term value. Several units feature recent updates, including newer furnaces, water heaters, and appliances, which add value and reduce immediate capital improvement needs for a new owner. The property also includes a rare detached 4-car garage, providing additional income potential and convenience. Each unit is currently occupied with month-to-month leases, creating flexibility for investors, owner-occupants, or those pursuing a value-add strategy. Conveniently located near Georgia Avenue, public transportation, parks, shopping, and schools, with easy access to Downtown DC, Brookland, Catholic University, and commuter routes into Montgomery County. This is an outstanding opportunity for investors seeking a stable income-producing property in an established community, with strong upside potential, including a possible condo conversion. Seller requests that the buyer and seller use District Title to conduct the settlement, as District Title is handling TOPA on the transaction.
Listed By
Agency Name: RE/MAX Allegiance
Agency Phone: 2025475600
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
Estimated Payment
$ 2,679.38 per month $1,853.85 Principal & Interest $582.58 Property Tax $242.95 Homeowner's Insurance
5618 1st Place Nw | MLS# DCDC2245002
This multi-family property located at 5618 1st Place Nw, Washington, DC 20011 is currently listed for sale with an asking price of $832,977. 1st Place Nw is located within the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district. Search Washington real estate on www.maverickrealtyusa.com today.