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1017 Florida Avenue NE

WASHINGTON, DC 20002
  • $735,000
  • STATUS: Active
  • ON SITE: 793 Days
  • ID#: DCDC2041036
UPDATED: 79 min ago
$735,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,492
    SQFT
  • $493
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-20T16:59:01.583.
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1017 Florida Avenue NE WASHINGTON, DC 20002

  • Price: $735,000
  • Status: Active
  • On Site: 793 Days
  • Updated: 79 min ago
  • ID#: DCDC2041036
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,492
SQFT
$493
$/SQFT
1920
Built
Neighborhood:
H Street Corridor
County:
Washington
Elementary School:
J.O. Wilson
Middle School:
Stuart-Hobson
High School:
Eastern
School District:
District Of Columbia Public Schools
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.
Exterior Features

Architectural Style Victorian Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1492 Basement Unfinished Basement YN Yes Cooling None Heating None Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Acceptable Financing CashBank PortfolioConventionalPrivate Accessibility Features None Central Air YN No Cooling Fuel None Foundation Details Other Heating Fuel None Hot Water None Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801413296754 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 35643.00 Vacation Rental YN No Water Source Public Zoning RF-1 Zoning Description The purpose of the RF-1 zone is to be developed with row houses on small lots within which no more than two (2) dwelling units.

Listing courtesy of Equilibrium Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-20T16:59:01.583.
 
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