4407 Iowa Avenue

华盛顿市, DC 20011

Amazing investment / Dream Home Renovation opportunity on secluded street in the heart of Petworth! This 4 story, shovel-ready, fully permitted rowhome with yard and garage parking is ready for development. Either develop it as a single family home or convert into 2 separate gorgeously designed 3 bed / 2.5 bath condominiums each planned with 1800+ sq ft. The already paid for plans and approved permits are for a 2 unit conversion. You have the option to instead capture the value as a single family by simply de-scoping the project to create your dream home. The plans and engineering of the building have been designed to maximize space at every turn so the investor is able to maximize profit. The property is west facing on a wide and quiet street that overlook a park / school with an east facing light coming in on the backside of the home which offers a large yard and detached garage / parking accessible through a very wide alley. The location can’t be beat – an easy .06 miles to Petworth Metro, moments from the corner coffee shop, and minutes to restaurants and shops of Upshur St, Timber Pizza, Cinder BBQ, Ace Hardware, Yes! Organic Grocery, Safeway and so much more! This is a turn-key dream home development opportunity with plans and permits ready to go for the right buyer / investor.