4513 5th St Nw, Washington, DC 20011

Property Description

Located in the vibrant Petworth neighborhood of Washington, D.C., this spacious 3-bedroom, 1.5-bath townhouse offers an excellent opportunity for investors or buyers looking to add value. The property features generous living space, a finished basement, and the convenience of off-street parking. Currently tenant-occupied and generating $2,629 per month in rental income, the long-term tenant has lived in the home for 13 years and is currently on a month-to-month lease. The tenant has expressed interest in remaining, providing the option for immediate and stable cash flow for the next owner. Situated near local schools, parks, and a variety of restaurants and neighborhood amenities, the location continues to see strong demand. While the home could benefit from updates, it is priced accordingly, with renovated properties in the area often ranging from $850,000 to $1M+, presenting significant upside potential. Great investment property with long-term income and value-add potential in one of DC’s most desirable neighborhoods. Seller prefers choice of title company.