1630 K Street Ne Washington, DC 20002

$2,000,000
0.04
Acres
$2,000,000
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Rare opportunity to acquire a largely completed five-unit development project in the burgeoning Trinidad neighborhood! Project to be delivered with approved mechanical, electrical, and pluming work completed (MEPs) but before drywall. Siding and windows to be installed by seller. Buyer to provide their own finishes and close out permits. Ideal for both opportunistic investors who want to sell the units individually as condos and for long-term owners who want to hold them as rentals. We project condo sales of $605/SF. Two-bedroom voucher rents in the zip code are $3,030/month per AffordableHousing.com.

Rare opportunity to acquire a largely completed five-unit development project in the burgeoning Trinidad neighborhood! Project to be delivered with approved mechanical, electrical, and pluming work completed (MEPs) but before drywall. Siding and windows to be installed by seller. Buyer to provide their own finishes and close out permits. Ideal for both opportunistic investors who want to sell the units individually as condos and for long-term owners who want to hold them as rentals. We project condo sales of $605/SF. Two-bedroom voucher rents in the zip code are $3,030/month per AffordableHousing.com.

  • Neighborhood
  • Type
  • County
    Washington
  • Tax Amount
    $4,430
  • Status
    Active
  • Listing #
    DCDC2134514
  • Built
    1941
  • Lot Size
    0.04
  • Listed on site
    30 days
  • Listing Agent Id
    121137056408

Listed by:
Keller Williams Capital Properties

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
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