FOR SALE IN WARD 8 | 3333 Martin Luther King Jr Ave SE - $1,350,000
EDITOR’S NOTE - Today's blog will include several real estate listings FOR SALE OVER $750,000 - a mix of residential & commercial properties in Wards 7 and 8. Please don't shoot (literally or figuratively) the messenger. I’m sharing to keep residents informed of potential projects in their neighborhoods.
I’m also curious to see if anyone notices any common threads in this collection.
“VACANT! THREE LEVEL COLONIAL READY FOR CONDO CONVERSION, MIXED USE OR OTHER USES . DC revitalization of MLK AVE SE FROM 4TH ST IS PROJECTED TO SPEND$8,516,224.70. INVESTORS AND CONDO DEVELOERS THIS IS YOUR CHANCE TO GET IN AND DEVELOP THIS AMAZING PROPERTY. IT IS VACANT. THREE LEVELS. FIRST FLOOR RETAIL WITH BASEMENT AND AN APARTMENT ON THE TOP FLOOR. THE FIRST FLOOR REATAIL SPACE IS 81FT BY 30 FT, IT IS HUGE. IT CAN BE SUBDIVIDED TO ADD TWO UNITS. THE BASEMENT IS UNFINISHED AND SPACIOUS. Larger than normal lot 6374 SF. Building size of 3929 SF. Retail space and three bedroom home was A cash flow cash cow and brought IN $91,000 yearly income for the owner. The retail store was NNN. This property is ideal for retail , convenient store, carry out or office use , since it has a large lot in the back it can also be used as a daycare. The upstairs unit was rented for $3200 per month. The convenience store was rented for $4400 NNN. For the investor, this is your Opportunity to convert the retail space into an apartment and extend one floor up. Parking for over 10 cars in the back of the building. YOU CAN ALOS create a great condo that has great visibility along MLK Jr. Avenue with easy access to I-295 and the US Capitol, GAYLORD, THE WHITE HOUSE AND less than two miles to JBABA. Call Summer of Summer Realtors for showing”