3747 1st Street SEWashington, DC 20032Price: $595,000

Exceptional opportunity in the rapidly evolving Congress Heights neighborhood-this six (6) unit multifamily property is comprised entirely of one-bedroom units and is fully vacant, offering a rare blank canvas for investors, developers, or owner-operators. With all units delivered vacant, the property is ideally positioned for renovation and repositioning to meet today's market standards. Whether your vision is to upgrade and lease at market rents, create a workforce or subsidized housing model, or explore a potential condo conversion (subject to approvals), the possibilities are substantial. Each unit is separately metered, providing operational flexibility and cost efficiency for future ownership. The property also features rear parking-an added convenience for your tenants. Located in the up-and-coming Congress Heights area, this property benefits from ongoing neighborhood revitalization, proximity to major commuter routes, public transportation, and continued investment throughout the community. Bring your vision and capitalize on the strong upside potential this asset offers. Roof replaced 2024.