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Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $228
Subdivision Brentwood
MLS Listing ID DCDC2275094
Style Traditional,Unit/Flat
Abv Grd Liv Area 2,560
Year Built 1931
Annual Tax Amount $37,734
Tax Year 2026
Lot Size 2,720 Sqft
Acres 0.06
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Investor Alert! Prime value-add opportunity in the heart of Northeast Washington, DC.
Unlock the potential of 1704 West Virginia Avenue NE, a rare four-unit multifamily property offering exceptional upside in one of the District's fastest-growing neighborhoods. This short sale presents an outstanding opportunity for seasoned investors, developers, or owner-occupants utilizing an FHA 203(k) Renovation Loan to create immediate equity.
This all-brick four-unit building requires a complete renovation and consists of two 2-bedroom units and two 1-bedroom plus den units.
Whether your vision is to renovate and hold as a cash-flowing apartment building, convert the property into individual condominiums (subject to zoning and District approvals), or add a premier multifamily asset to your investment portfolio, the possibilities are endless.
Ideally located just minutes from Gallaudet University, Union Market, Ivy City, NoMa, and the vibrant H Street Corridor, this property is surrounded by some of Washington, DC's most sought-after dining, shopping, and entertainment destinations. Nearby amenities include Trader Joe's, Whole Foods Market, Union Market's acclaimed restaurants and specialty vendors, Atlas Brew Works, City Winery, the U.S. National Arboretum, the Metropolitan Branch Trail, and the NoMa-Gallaudet Metro Station. Convenient access to downtown Washington, DC, major commuter routes, and public transportation further enhances the property's appeal.
With continued redevelopment, strong rental demand, and increasing property values throughout the surrounding neighborhoods, this is an exceptional opportunity to renovate, reposition, and maximize returns in one of Northeast DC's premier investment corridors.
Property is being sold strictly As-Is. Sale is subject to third-party short sale approval. The short sale is being professionally negotiated. Buyer is responsible for verifying zoning, condominium conversion requirements, and all development potential with the appropriate governmental authorities.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Crawl Space
Above Ground Finished SqFt 2560
Sewer Public Sewer
Water Public
Architectural Style Traditional, Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4051//0010
Ownership Fee Simple
SqFt Source 2560
Acceptable Financing Conventional, Cash, FHA 203(b), FHA 203(k), Private
Listing Terms Conventional, Cash, FHA 203(b), FHA 203(k), Private
Financing Conventional,Cash,FHA 203(b),FHA 203(k),Private
Special Listing Condition Short Sale
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Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413GET MORE INFORMATION
