448 K St Washington, DC 20001
- Residential income homes
- 0.04 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 448 K St
- Year built
- 2021
- Lot size
- 0.04 lot acres
- Property type
- Residential income homes
Description
This exceptional multifamily investment opportunity presents a newly constructed (2021) six-unit building located at 448 K Street NW in Washington, D.C.'s vibrant Mount Vernon Triangle neighborhood. The property sits on a 0.04-acre lot and is zoned for commercial use. The building boasts a unique design, ideal for co-living arrangements, with each of the six units featuring five bedrooms, two bathrooms, and a fully equipped kitchen. Each unit is individually metered for water, gas, and electricity, offering efficient utility management and potential for increased rental income. The building includes a shared laundry area with four washer/dryer sets. The commercial space within the building is currently under a five-year lease, providing immediate and stable income. High-quality finishes include hardwood flooring throughout. Central air and electric heating systems ensure year-round comfort. The property's location in the Central Business District, with paved road access, offers unparalleled convenience and accessibility. This fee-simple ownership opportunity presents a compelling investment prospect with significant potential for long-term growth and strong returns. The asking price for this remarkable property is $10,000,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- DC
- Longitude
- -77.0179
- Latitude
- 38.9023
