1829 5th St NW - Apartments FOR SALE


Washington, DC 20001- LeDroit Park
$2,350,000 USD
202-309-0525
1829 5th St NW, Washington, DC for Sale
$2,350,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1829 5th St NW
Washington, DC 20001
LeDroit Park


HIGHLIGHTS

  • LOCATION: Heavy foot traffic METRO 3 blocks, Restaurants
  • Penthouse Unit with 3 stories includes 2 roofdecks and Panoramic Views.
  • Enclosed Sun Porches off 3 units plus parking on site.

OVERVIEW

A spectacular 3 unit apartment building. Total of 7 bedrooms and 7.5 baths in the LeDroit Park Historic Neighborhood. The Penthouse unit spans three levels, with additional two rental-income producing units. Ideal for an owner/occupant. Penthouse level available May 15th, 2025 and the first floor unit will be open mid May 2025. This has been a consistently appreciating investment. The apartments could be for short stay guests, office or long term leases. This beautiful Victorian row home boasts unique features and custom finishes, including 2 private rooftop terraces with unobstructed 360° views of Washington DC and the US Capitol from the Master Bedroom. Fully restored in 2025 with wood floors, new carpets, new HVAC, hot water heaters, and fixtures. Units 1 and 2 share similar floorplans with each featuring an open concept living room and eat-in, granite-top kitchen, a 1 bedroom en-suite, a second bedroom, a full bath, recessed lighting throughout, a full washer/dryer, and a large, private sunroom with additional storage space. Unit #3, the Penthouse – previously selected as an Airbnb Plus rental, spans 3 levels, totaling 2 full bedrooms plus den and 3.5 baths of living space. The first level includes , 2 BR and 2 full baths, an open concept living room with tall windows and built-in barn doors, an eat-in, granite-top kitchen with a built-in subzero refrigerator, and a gorgeous private sunroom porch with custom built ins. The second level apartment with 11 foot ceilings with 8 foot windows offers 2BR/2BA. The Penthouse level, includes an expansive primary bedroom en-suite surrounded by windows, and an additional lounge space with a wet bar, plus a half bath. Walkout to a spacious dining deck with a spiral staircase leading to a second, huge deck above, with panoramic, iconic city views. These two decks combine to make the perfect setting for any memorable outdoor event! The building offers one private parking space and back-entry access to each unit. Ledroit Park is a historically significant, quiet neighborhood, with some of the city’s finest architecture, just off U Street’s vibrant corridor. With a walk score of 98, pedestrian friendly access to Shaw/Howard Metro comes easy. The Royal, a Michelin-rated restaurant, sits across the street and others like the Red Hen, Boundary Stone and Shaw’s Tavern are just a walk away! Recent Rental Amounts Collected: $3150 for Unit 1, $3200 for Unit 2, and $5,150 for Unit 3, $150 for Assigned Parking Spot. Total long term lease monthly Income: $11,500 and Total Annual Rental Income: $135,600. Two units leased previously as short stay with 30% greater income.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$839 USD /SF

# OF UNITS

3

PRICE/UNIT

$783,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1890

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,481 SF

ZONING

Home Office Special Exep

APN/PARCEL ID

3094-0062

ASK ABOUT THIS PROPERTY

Karen KreutzbergFifth Street PropertiesMore Info
202-309-0525

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Karen KreutzbergFifth Street PropertiesMore Info
202-309-0525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.