722 Shepherd St Nw, Washington, DC 20011

This charming & very large Colonial townhouse in the sought-after Petworth neighborhood presents a prime investment opportunity. Built in 1910, the property features three bedrooms and one and a half bathrooms, offering ample space for potential tenants or future buyers. The interior boasts essential features such as high ceilings fans and a full basement with both front and rear entrances, providing flexibility for additional living space, extra income unit or storage. The property requires major rehabilitation, allowing investors to customize renovations to maximize rental income or resale value or a conversion to 2 units. There is also expansion opportunity for a third level with roof deck. The full basement with laundry facilities adds convenience for future occupants. Situated in the middle of the block, this location benefits from excellent transportation options, with a metro/subway station and bus stop less than a mile away, and an airport within 10 miles. This … read more …