3
beds
2
baths
1,960
sqft
Built in
1909
| POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available
Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on
RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
-
Listing Status:
-
Active
-
Date Added:
- October 14, 2024
—
160 days ago
-
Listing Office:
-
TTR Sotheby's International Realty, Christopher S Burns (202-251-7465)
-
Office Phone:
-
202-234-3344
-
MLS ID:
-
DCDC2164372
Features & Amenities
Interior
- Basement:
- Partially Finished
- A/C:
- None
- Heating:
- Y, Hot Water, Natural Gas
- Disability Feature:
- None
Exterior
- General:
- Above Grade, Below Grade
- Style:
- Federal
Construction
- General:
- Brick, 3, Slab
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- RA-3 / IZ+, 3040//0034
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Septic
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
TTR Sotheby's International Realty, Christopher S Burns
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
About Washington, DC
Housing
- Number of Units
- 355,879
- Median Home Value
- $676,049
- Median Rent
- $1,533
59.41%
of
housing units are renter occupied.
10.61% are vacant.
Commute
- Car
-
26.04%
- Public Transportation
-
22.45%
- Walk to Work
-
9.05%
- Work from Home
-
38.64%
- Other
-
0.89%
The median travel time to work is
21 minutes.
People
- Population
- 676,761
- Median Age
- 35.60
- Median Household Size
- 2.29
Education
- High School
-
15.71%
- Associate’s Degree
-
2.77%
- Bachelor’s Degree
-
26.24%
- Graduate Degree
-
36.17%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
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