444-448 K StWashington, DC 20001

Property Details for 444-448 K St

Year built

2021

Lot size

0.04 AC

Property size (Sq ft)

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.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.9022

Longitude

-77.0177

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