Investor Alert - Prime Condo Development Opportunity in Historic Anacostia! Rare opportunity to acquire a multi-lot property in one of Washington, DC's fastest-evolving neighborhoods. This offering includes three subdivided lots sold as one, presenting exceptional potential for a ground-up condo development or multi-unit project. The existing single-family home provides immediate… Read More value - ideal for rental income while plans and permits are secured - creating a strategic hold-and-build scenario for developers and investors alike. Located on a street with active new construction and condo development, this property is positioned for strong future upside. Zoned RA-1, it allows for residential expansion and potential condo conversion, making it a flexible asset for a variety of development strategies. Situated in historic Anacostia, the property benefits from proximity to major redevelopment corridors, parks, transit, and neighborhood amenities - an area the District continues to target for higher-density, mixed-use growth and revitalization. Highlights: Three subdivided lots - maximize density and design potential Existing home for rental income during entitlement phase Zoned RA-1 with condo development potential Surrounded by ongoing and recent development projects Located in a rapidly appreciating and revitalizing neighborhood Also listed in Residential as a single-family home. Read Less
Courtesy of Christine Armintrout, Coldwell Banker Realty - Washington 202-387-6180
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.