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1625 21ST PLACE, Washington, DC 20020
$1,349,900 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
2
baths
2,000
sqft
Built in
1931
1625 21st Pl SE represents an exceptional investment opportunity in a burgeoning market. The approved plans for a 20-unit condominium development in the rapidly transforming Anacostia neighborhood provide a clear path to high returns. With strong market fundamentals, a prime location, and robust neighborhood amenities, this property is well-positioned to meet the growing demand for quality housing in Washington, DC. The property's value is significantly enhanced by the pre-approved development plans for a 20-unit condominium building. This approval mitigates much of the initial development risk and expedites the construction timeline, allowing investors to capitalize on the market demand more quickly poised to deliver substantial returns in one of the city's most promising real estate markets. The 20 units are a mixture of one (1) beds / one (1) bath & two (2) beds / two (2) baths and ranging from 550 sqft to almost 800 sqft. Offering Memorandum and full financial analysis are provided in the documents section. The approved plans and permits will be provided by agents to any interested party for proper due diligence.
Features & Amenities
Interior
- A/C:
- None
- Heating:
- None
- Disability Feature:
- None
Exterior
- General:
- Above Grade
- Style:
- Other
- Parking:
- Private,Paved Parking
Construction
- General:
- Brick, 2, Slab
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- RA-2, 5592//0028
- Current Use:
- 0
Utilities
- Water:
- Public
- Sewer:
- Public Septic,Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
NHT Real Estate LLC, David L Moretz II
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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