For Sale
$10,000,000

448 K St Washington, DC 20001

Prime DC Location, High ROI Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Hardwood floors throughout.
  • Central air conditioning and electric heat.
  • Electric heating system.
  • No pool.
  • Located in the Central Business District with paved road access.

Property Details for 448 K St

Property type
Residential income homes
Year Built
2021
Lot Size (sq. ft)
1,742 SF
Units
6

Location Insight

City
Washington
County
District of Columbia
State
District of Columbia
Latitude
38.9023138
Longitude
-77.0178514

FAQs

What type of property is this?
Residential income home - Prime DC Location, High ROI Potential
Where is the residential income home located?
The property is located at 448 K St Washington, DC.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Hardwood floors throughout.; Central air conditioning and electric heat.; Electric heating system.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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448 K St
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