5414 3Rd St NW Washington, DC 20011

This exceptional redevelopment opportunity presents a shovel-ready project in Washington, DC's desirable Brightwood Park neighborhood. Located at 5414 3rd St NW, this Class A, two-story apartment building currently features four units, each permitted for substantial expansion. Approved plans and permits are in place for a complete renovation and conversion into four expansive, multi-level condo units. Each unit will boast approximately 1,605 square feet, featuring three bedrooms, a den, gourmet kitchens with large islands, and ample living space. Upper units will include walk-out balconies, while lower units will offer private terraces. The total square footage will be 6,420 square feet. The property is zoned RF-1 and offers significant upside potential, with a projected sales price of $2,450,000 for the completed condos. This is a unique chance to acquire a multifamily property with a clear path to a lucrative condo conversion, priced at $849,900 ($132/sq ft and $212,475/unit). Detailed plans and disclosures are available upon request.