448 K StWashington, DC 20001

Property Details for 448 K St

Year built

2021

Lot size

0.04 AC

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.

Location Insight

City

Washington

County

District of Columbia

State

DC

Latitude

38.9023

Longitude

-77.0179

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