$ 399,000
-
$399,000
Price -
1
Bed -
2
Bath -
0
SqFt
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About the Listing GTRG1 - 83290,83290
INVESTOR OPPORTUNITY IN THE HEART OF PALISADES! Rare chance to acquire a spacious and flexible unit with exceptional upside potential in one of Washington, DC’s most desirable neighborhoods. Existing tenant in place paying approximately $2,650/month, offering immediate income potential from day one. INCREDIBLE FINANCING ADVANTAGE — potential loan assumption opportunity with an estimated interest rate around 3.1% for qualified buyers, or utilize DSCR financing for investor-focused acquisition strategies. Opportunities like this are becoming increasingly difficult to find in today’s market. This versatile residence offers approximately 970 square feet of living space with a large primary bedroom, multiple flex-use dens, two full bathrooms, generous closet space, and excellent natural light throughout. The flexible floorplan creates multiple possibilities for owner-occupants, investors, roommates, work-from-home professionals, or future value-add enhancements. Updated features include granite countertops, stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, and fresh paint throughout. Pet-friendly building with secure entry, elevator access, bike storage, laundry facilities, and shared outdoor space. Located in the highly sought-after Palisades community — just minutes from Georgetown University, American University, downtown DC, major hospitals, parks, restaurants, coffee shops, Metrobus access, and commuter routes. Strong location. Existing income. Attractive financing possibilities. Long-term appreciation potential. Perfect for: • Buy-and-hold investors • First-time investors • 1031 exchange buyers • International investors • House-hack strategies • Parents purchasing for students or professionals • Long-term wealth-building portfolios
Listing Highlights
Status
Active
Days on Site
29
Property Type
Condo
MLS ®
DCDC2263026
Year Built
1955
Total Square Footage
0
Lot/Acreage
N/A
County
Washington
Neighborhood
Palisades
HOA Dues
588/Monthly
School District
District Of Columbia Public Schools
Elementary School
Key
Middle School
Hardy
High School
Jackson-Reed
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement:
- Other: Breakfast Area,No Pet Restrictions,Pets Allowed,Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: MU-3A
- Roof:
- Others: Excellent,Common Grounds,Extra Storage,Storage Bin,All Ground Fee,Common Area Maintenance,Laundry,Lawn Care Side,Lawn Maintenance,Insurance
- Sewer: Public Septic
- Parking Features: On Street
Financial Details
- Tax Amount: $60
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
5112 Macarthur Boulevard Nw P-1 Washington, DC 20016
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