1017 FLORIDA AVE NE Active

Washington,DC 20002

$ 735000

- Bed

- Bath

1492 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,492 sqft

Price per Sqft $492

Subdivision H Street Corridor

MLS Listing ID DCDC2041036

Style Victorian

Year Built 1920

Annual Tax Amount $35,643

Tax Year 2021

Lot Size 1,200 Sqft

Property Description

Fantastic development opportunity conveniently situated near the H Street Corridor and hot NoMa/Union Market! This stately Victorian rowhouse is being delivered with stamped and permitted redevelopment plans. Great opportunity to add your design vision to the existing plans to create a stunning 2-unit gem in a prime location. The permitted configuration is for a 3-bedroom 3 bath penthouse unit with rooftop deck, and a spacious 2-bedroom 2.5-bath lower unit. Perfect for condo conversion, or grand main unit with separate income generating unit. ARV of completed project is approximately $1.6M ($900K for 3 BR Unit and $700K for 2 BR Unit). Comparables are included in documents. Purchase and develop now while infrastructure street upgrades are in-progress on Florida Ave. This will be a great property on a magnificent boulevard between H Street and NoMa, once both are complete. Interior photos are in MLS Virtual Tour.

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water None

Heating None

Cooling None

Exterior

Water Access N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools J.O. Wilson

Middle Schools Stuart-Hobson

High Schools Eastern

School District District Of Columbia Public Schools

Others

Acceptable Financing Cash,Bank Portfolio,Conventional,Private

Listing Terms Cash,Bank Portfolio,Conventional,Private

Special Listing Condition Standard

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