3617 14th St Nw, Washington, DC 20010

Property Description

ALL OFFERS WILL BE REVIEWED MONDAY, MAY 13th @ 5PM. SELLER FINANCING AVAILABLE FOR QUALIFIED PURCHASERS - 80% LTV @ 6%, Interest-Only For 5 Years ($4,400/mo). This MU-4 zoned, mixed-use property in Columbia Heights provides a variety of opportunities for multi-family or condominium redevelopment, business owner/operators, live/work occupants, or investors looking for a cash-flowing asset. The existing structure maintains 2,395 square feet on a lot size of 1,760 square feet. The current configuration of the property offers a ground level retail space including a half bath of approximately 712 square feet and a 4BR/1.5BA single-family residence of 1,683 square feet on the second and third levels. The site supports re-development of up to 5,280 residential square footage, of which 3,520 square feet may be commercial/retail space. Alley access in the rear can be reconfigured to provide 2 off-street parking spaces. SELLER FINANCING AVAILABLE FOR QUALIFIED BUYERS. All projections should be verified by potential buyers' architects, zoning attorneys, and civil engineers.