Description
Welcome to 1846 Capitol Ave, NE, a great townhouse situated in the vibrant and rapidly evolving Ivy City neighborhood. The house is a short distance away from the heart of Ivy City, also a short distance away from the hip Union Market and H Street corridor. As it currently stands, the house features a first floor with open floor plan leading to a deep backyard. The second floor features 3 good sized bedrooms and an updated full bath. The house harbors incredible development potential. This 1,891 square foot lot is zoned RF-1, offering flexibility to build up to two dwelling units as a matter-of-right"either both within a primary structure or one in a primary structure and another in an accessory building.The existing structure currently occupies just over half of the allowable lot space, leaving ample room for expansion. Standing at two stories and approximately 24 feet tall, there's also potential to increase the height to the zoning-allowed 35 feet or 3 stories. Additionally, you can dig down to add a cellar level, maximizing the propertys potential with up to 4 levels of 60% lot occupancy"creating up to 4,320 square feet of rentable or sellable space.To top it off, the seller, a licensed architect, is offering free concept unit plan layouts to help you envision your project, with permit drawings available for an additional fee. Don't miss this opportunity to create something special in one of DCs hottest areas!
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3BEDS
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0.04ACRES
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1BATHS
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11/2 BATHS
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1,184SQFT
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$465$/SQFT
Description
Welcome to 1846 Capitol Ave, NE, a great townhouse situated in the vibrant and rapidly evolving Ivy City neighborhood. The house is a short distance away from the heart of Ivy City, also a short distance away from the hip Union Market and H Street corridor. As it currently stands, the house features a first floor with open floor plan leading to a deep backyard. The second floor features 3 good sized bedrooms and an updated full bath. The house harbors incredible development potential. This 1,891 square foot lot is zoned RF-1, offering flexibility to build up to two dwelling units as a matter-of-right"either both within a primary structure or one in a primary structure and another in an accessory building.The existing structure currently occupies just over half of the allowable lot space, leaving ample room for expansion. Standing at two stories and approximately 24 feet tall, there's also potential to increase the height to the zoning-allowed 35 feet or 3 stories. Additionally, you can dig down to add a cellar level, maximizing the propertys potential with up to 4 levels of 60% lot occupancy"creating up to 4,320 square feet of rentable or sellable space.To top it off, the seller, a licensed architect, is offering free concept unit plan layouts to help you envision your project, with permit drawings available for an additional fee. Don't miss this opportunity to create something special in one of DCs hottest areas!
©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: 2024-10-09T18:52:35.517.