Nate Ward
Office: 202-449-8525
Cell: 301-204-0808
1625 21st Pl Se, WASHINGTON
$1,349,900
0 Bed
0 Bath
2,000 Sqft
.06 Acre
0 Parking
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.
Essential Information
MLS® #DCDC2145692
Price$1,349,900
Bathrooms0.00
Square Footage2,000
Acres0.06
Year Built1931
TypeMulti-Family
Sub-TypeOther, Detached
StyleOther
StatusActive
Community Information
Address1625 21st Pl Se
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20020
Amenities
ParkingPaved Parking, Private
Interior
HeatingNone
CoolingNone
Exterior
ExteriorBrick and Siding
FoundationSlab
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
ZoningRA-2
Condo Fees$0
HOA Fees$0
Listing Details
OfficeNHT Real Estate LLC
Property History
Price Reduced from $1,600,000 to $1,349,900
LISTING MAP
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Listing information last updated on October 7th, 2024 at 10:16am EDT.
