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1625 21st Place SeWashington, DC 20020MLS Number DCDC2144318

  • Price: $1,600,000
  • 5 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
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1625 21st Place Se Washington DC 20020
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  • 0.06Acreage
  • 1931Year Built
  • 2022Assessment Year
  • AnnuallyCity Town Tax Payment Frequency
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 provide a 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 in Washington, DC. The property's value is significantly enhanced by the pre-approved development plans for a 20-unit condominium building. This approval mitigates much of the initial development risk and expedites the construction timeline, allowing investors to capitalize on the market demand more quickly poised to deliver substantial returns in one 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.
Listed by David L Moretz II, NHT Real Estate LLC

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Parking FeaturesPrivate, Paved Parking
  • Parking TypesDriveway

Basic Information

  • Date Listed06/10/2024

Building

  • Building Area SourceAssessor
  • Construction MaterialsBrick
  • Year Built1931

Utilities

  • CoolingNone
  • Heat SystemNone
  • SewerPublic Septic, Public Sewer
  • Water SourcePublic

Other

  • Soil TypesUnknown

Basic Information

  • Broker NameNHT Real Estate LLC
  • List Price$1,600,000
  • MLS NumberDCDC2144318
  • MLS Property TypeCommercial Sale
  • StatusACT

Location

  • Address1625 21st Place Se
  • Building Number1625
  • CountyWashington
  • DirectionsPlease use third party app to ensure correct directions from starting location.
  • In City Limits YNYes
  • StateDC
  • TownWashington
  • Zip20020

Tax Information

  • Assessment Year2022
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Lot28
  • Tax Year2022
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.06
  • Business TypeApartment Building, Other
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions0.00 x 0.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet2,500
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningRA-2

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Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 14, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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