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1625 21ST Place SE

WASHINGTON, DC 20020
  • $1,075,000
  • STATUS: Active
  • ON SITE: 176 Days
  • ID#: DCDC2145692
Price Reduced
UPDATED: 60 min ago
$1,075,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $538
    $/SQFT
Type:
Multi-Family
Built:
1931
County:

School Ratings & Info

Description

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 providea 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 inWashington, DC.The property's value is significantly enhanced by the pre-approved development plansfor a 20-unit condominium building. This approval mitigates much of the initialdevelopment risk and expedites the construction timeline, allowing investors tocapitalize on the market demand more quickly poised to deliver substantial returns inone 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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T06:52:21.34.
www.rossrem.com/homes/151514848
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1625 21ST Place SE WASHINGTON, DC 20020

  • Price: $1,075,000
  • Status: Active
  • On Site: 176 Days
  • Updated: 60 min ago
  • ID#: DCDC2145692
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,000
SQFT
$538
$/SQFT
1931
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
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 providea 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 inWashington, DC.The property's value is significantly enhanced by the pre-approved development plansfor a 20-unit condominium building. This approval mitigates much of the initialdevelopment risk and expedites the construction timeline, allowing investors tocapitalize on the market demand more quickly poised to deliver substantial returns inone 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.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Features PrivatePaved Parking Parking Types Driveway Pool No Pool Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2000 Cooling None Heating None Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing CashNegotiableOther Accessibility Features None Central Air YN No Cooling Fuel None Foundation Details Slab Heating Fuel None Hot Water None Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 803135403382 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public SepticPublic Sewer Structure Design Type Detached Tax Annual Amount 0.00 Tax Lot 28 Vacation Rental YN No Water Source Public Zoning RA-2

Listing courtesy of NHT Real Estate LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T06:52:21.34.
 
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15245 Shady Grove Road, Suite 100
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