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Anthony J. Fanelli

admin@ajfsellshomes.com +1(215) 301-4382

Listed by Adrian Dungan • RLAH @properties

$564,200

Est. payment - /mo

2,475 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2153276

HOA Y/N N

Annual Tax Amount $3,328

Tax Year 2024

Lot Size 2,475 Sqft

Acres 0.06

Property Sub-Type Land

Source BRIGHT

Property Description

For an Investor/Builder/Developer/Restauranteur or house hacking primary residence owner. Create this potential 6 unit building and sell as condos or don't subdivide it and hold as a 6 unit apartment. Or live in one unit and rent / AirBnB the others. Or create a brand new restaurant. This commercially zoned vacant lot is perfect for a by right project as it helps avoid so many of the complexities associated with adding to DC's housing stock. --No chimney setback issues --No adjoining property on either side that would cause 10' rule --The previous structure was already demolished eliminating that risk and cost --There's no required lengthy underpinning of adjoining structures --The property already has a curb cut. --Schematic Design phase with Cross Design Group already paid for. --New structure would still not connect to neighboring structures on either side. The architecture firm has determined there's a total buildable square footage of 5,184sf if you go for the IZ bonus. Please see the prospective pro forma in the photos that is made in accordance with the buildable square footage and uses a cost of construction equal to $225 per sf. The property is fenced off for safety so please view property at your own risk.

Location

State DC

County Washington

Zoning COMMERCIAL

Exterior

Utilities Available None

Water Access N

View City

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3873//0005

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Anthony J. Fanelli

+1(215) 301-4382

Realtor, PA, NJ, and FL License ID: RS323495, 3215103, SL3631507

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2710 12TH ST NE Washington, DC 20018

Anthony J. Fanelli

Key Details

Location

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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