PRIME DEVELOPMENT OPPORTUNITY! Just 2 miles south of the recently announced $2.7 billion redevelopment of the 180 acre RFK campus, this unassuming tear down single family home carries the coveted RA-2 (Residential Apartment) zoning that touts a 1.8 floor area ratio that would potentially allow this 4,500 SF (30'x150') rectangular… Read More lot to support 8,100 SF (4,500 x 1.8) of residential development that includes a 50-feet height restriction (4 floors @ 2,025 SF per floor) not including a rooftop deck structure. Ideally situated just one block off of Pennsylvania Avenue, it's after repair value could easily exceed $3M (e.g. (8) - 1,000 SF 2BR, 2BA condos at $400K each = $3.2M) and is supported by recent sales across the street where the 968 SF 2305 Nicholson St SE #205 2BR 2BA condo sold for $460K in February this year. Location just far away enough from the hustle and bustle of the new RFK development but close enough proximity for maximum appreciation potential! Read Less
Courtesy of Debbie Reynolds, Keller Williams Chantilly Ventures [email protected]
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residential
Beds
4
Full Baths
2
Square Ft.
2,633
Lot Size
0.1 Acres
Year Built
1907
MLS Number
DCDC2198408
30 Days Snapshot Of 20020
$380k
-10%
(avg) sold price
19
+18%
homes sold
40
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full
Building
2,633 sqft living area, 1,848 sqft above grade (finished), 785 sqft below grade (finished), 139 sqft below grade (unfinished), Built in 1907, Structure Type: Detached, 2 levels, Tudor, Brick
Cooling
Central Air, Electric, Central A/C
Garage
1 garage space
Heating
Natural Gas, Forced Air
Lot
4,500 sqft, 0.1 acres
Property
Other Structures: Above Grade, Below Grade, Outdoor Living Structures: Porch(es), Soil Types: Unknown
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