4832 46Th Street NW

An exceptional value-add opportunity in one of Northwest DC's most prestigious and consistently appreciating neighborhoods. This bank-owned property sits on a rare corner and double lot with a detached garage and alley access, offering the kind of land position that rarely comes to market in American University Park. With an ARV ranging from $2.5$3M, the numbers speak for themselves. Whether your vision is a ground-up custom build, a major renovation, or a hold for land value appreciation, this is the blank canvas sophisticated investors have been waiting for. Location is irreplaceable: minutes from Georgetown, Friendship Heights, AU, and the best of upper NW DC. New construction in this neighborhood routinely commands premium pricing, and demand from end buyers remains strong. **Please read before inquiring:** - Property is sold strictly AS-IS. Seller makes no representations or warranties of any kind regarding the property's condition. - Seller is exempt from Disclosure. Seller is a lender that acquired the property through foreclosure and has never occupied the home. Seller has no knowledge of the property's condition or history. - Buyer is responsible for obtaining a survey if needed. - Buyer is responsible for all CO requirements and city compliance. - Buyer is responsible for any open permits and remedying city violations. See documents for offer instructions, offers must include POF or Bank Letter.