1625 21st Pl Se, Washington, DC 20020

$1,600,000
List Price
$1,600,000
Days on Market
43
Status
ACTIVE
MLS#
DCDC2144318
Lot Size (Acres)
0.06
Year Built
1931
County
Washington DC
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 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.

Additional Information

School District
District Of Columbia Public Schools
Heating
None
Heating Fuel
None
Cooling
None
Water
Public
Sewer
Public Septic, Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of NHT Real Estate LLC. Contact: