1838 4TH Street NW , B1

Description

Located in the heart of the LeDroit Park Historic District, this garden-level 3-bedroom 2 bathroom condominium presents an exceptional opportunity for investors. The unit is currently tenant-occupied, generating $4,000+/month in rental income with a lease in place through July 7, 2026. The tenant has expressed interest in renewing, offering a stable and attractive return.This well-maintained unit is part of The Capstone Condominium, a pet-friendly building with a low monthly condo fee of $340.91. As a lower-level unit, it benefits from naturally regulated temperatures"cooler in the summer and warm in the winter"helping reduce utility costs. The layout features easy access to two exterior doors and is just steps from the shared laundry room.Ideally located just off Howard Universitys campus, this unit has strong rental appeal and would be well-suited for a dorm-style living setup. Close to the vibrant & hip Shaw neighborhood and U street corridor, residents enjoy close proximity to the Shaw-Howard U Metro, Whole Foods, and Common Good City Farm with a community garden, dog park, and newly renovated playground.A short distance from downtown DC, Bloomingdale, the National Mall, and Union Market"this location offers convenient access to dining, nightlife, green spaces, and more.