This is an exceptional opportunity to acquire a mixed-use building in the Kingman Park neighborhood of Washington, DC. The property is surrounded by residential housing, making it an ideal location for 2 independent businesses opportunities/tenants, or making the building fully residential.
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This property was previously utilized as a retail/food business, with a side building serving as a barbershop. The upper level of the main building is set up as a residential unit, featuring 3 BDRMS & 1 BA, a kitchen, a combined living and dining area, and a washer/dryer in the bathroom. Currently, the upper level is tenant-occupied with a section voucher and generates a monthly rent of $4,069, as per the seller and was fully remodeled the last 2 years.
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The main level of the building offers has been remodeled with tile, new drywall, wood planks & LED lights in Ceiling, and was being se-up for a corner cafe & neighborhood market. The spacious open space with a kitchen, along with a storage area at the back. The lower level, accessible from the main level, encompasses an open space, a full bathroom, the building's mechanical systems, including one gas and one hot water heater, a large storage room, a laundry area with hookups, and two gas and two electric meters. Currently, this unit is NOT occupied. The Exterior has lots of potential to be utilized for outdoor seating.
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The side building was previously used as a barbershop/salon and has a half bath. This unit is currently not occupied.
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Stadium-Armory METRO (Orange Line) LESS than 1 MILE.
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98 Bike Score --- 81 Walk Score --- 75 Transit Score