444-448 K St Washington, DC 20001
- Mixed-use properties
- 12,275 SF
- 0.04 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 444-448 K St
- Year built
- 2021
- Lot size
- 0.04 lot acres
- Property size
- 12,275 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, newly constructed in Washington, D.C.'s vibrant Mount Vernon Triangle neighborhood, presents a unique investment opportunity. The building, situated on a 0.04-acre lot at 444-448 K Street NW, boasts a total of 12,275 square feet. The commercial space is currently leased under a five-year agreement, providing immediate and stable income. The residential component comprises six spacious units, each featuring five bedrooms, two bathrooms, and a fully equipped kitchen. Designed for co-living, these units offer individual room rentals with shared common areas, maximizing rental income and appeal to a growing market segment. Each residential unit benefits from individual climate control and separate gas and electricity meters, ensuring efficient utility management and cost allocation. A shared laundry facility equipped with four washer/dryer sets adds to the convenience and appeal of the residential units. The property's prime location and modern design, combined with the strong rental income stream, make this an attractive investment for discerning buyers seeking a high-yield, low-maintenance asset in a thriving urban environment. The asking price is $9,000,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0177
- Latitude
- 38.9022
