505 Florida Ave Nw, Washington, DC 20001

$825,000

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List Price
$825,000
Days on Market
111
Status
ACTIVE
MLS#
DCDC2255256
Lot Size (Acres)
0.03
Year Built
1900
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Discover a prime investment opportunity in the vibrant urban enclave of Ledroit Park. With its mixed use zoning conversion to apartments or split apartment/professional uses you have so many options. With a lot size of 0.03 acres, it offers a manageable footprint for various business ventures or redevelopment possibilities. Strategically located less than a mile from both bus and metro stations, this property guarantees excellent accessibility, attracting foot traffic and potential clientele. The urban setting is ripe for growth, making it an ideal choice for savvy investors looking to capitalize on the area's increasing demand. Parking is a breeze with on-street options and private, paved spaces available, enhancing convenience for both customers and employees. The fenced parking area adds an extra layer of security, making this property not just a purchase, but a smart investment in your financial future. Seize this chance to be part of a thriving community and watch your investment flourish!

Additional Information

Subdivision
Ledroit Park
Taxes
$7276
School District
District Of Columbia Public Schools
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: 8333357433