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2906 Martin Luther King Jr Avenue SeWashington, DC 20032Price: $650,000

  • Price: $650,000
  • 117 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $650,000List Price
  • 0.04Acreage

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Fully Leased,Income producing property in sought after Congress Heights Neighborhood, less than one mile from the Metro, Close to the Residences at St. Elizabeth's East (historic retro-fit) with plans for 750 more residential units and 600,000 sq. ft. of commercial space, two hotels, and a hospital on the boards. Whitman Walker to open in 2023. Small Area Zoning plan in the works to encourage more smart development in the neighborhood. First Floor Leased to Tax Office (Long Term Tenant) Second Floor Leased to Local Non-Profit Perfect value add site for future development, income producing property, or increasing rents in the near future. Two story building, plus cellar, 2 car parking, with alley access, MU-4 Zoning (total 4.5 FAR with IZ, potential for additional development on the site)

Property Details of 2906 Martin Luther King Jr Avenue Se

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Listed by Eddie H Moy of Demers Real Estate,Inc.

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