TOWNHOUSE / MULTI-FAMILY DEVELOPMENT @ PARK MORTON. SELLER FINANCING OR SETTLEMENT UPON ENTITLEMENT AVAILABLE. Prime Residential Development Opportunity Across from the newly-built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including (9) townhouse or "2 over 2" condos , a traditional 24-unit multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
| MLS # | DCDC2262242 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1909 |
| Days On Site | 97 |
| Listing Provided By | TTR Sotheby's International Realty | Christopher S Burns |
| SQ Feet | 1,960 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | RA-3 |
| Acreage | 0.15 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 7190 |
|---|
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20010 |
| Area | WASHINGTON DC |
| Community Name | PARK VIEW |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in PARK VIEW) | |
Price: $1,349,888 low | high Med: $524,900 sqft: 1,960 low | high Med: 1,123 $ / sqft: $689 low | high Med: $467 On site: 97 low | high Med: 17 | |
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20010 |
| Area | WASHINGTON DC |
| Community Name | PARK VIEW |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in PARK VIEW) | |
Price: $1,349,888 low | high Med: $524,900 sqft: 1,960 low | high Med: 1,123 $ / sqft: $689 low | high Med: $467 On site: 97 low | high Med: 17 | |