$1,075,000
- Beds
- 2
- Baths
- 2.0
- sq ft
- 2,000
1625 21st Pl SE, Washington, DC 20020
1625 21st Pl SE
WASHINGTON, DC 20020
- 196 days on market
- Price drop $274,900↓
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.
Details
Property type
Single Family Residence
Lot size
2,500 sq ft
Price per sq ft
$538
Year built
1931
HOA
No
Price History
12/02/2024
Bright #DCDC2145694
Price change
$1,075,000
-20.36%
10/01/2024
Bright #DCDC2145694
Listed
$1,349,900
10/01/2024
Bright #DCDC2145694
Removed
$1,349,900
Schools & Community
Neighborhood:
Randle Highlands
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Status: Active
Tomo last checked: 12/23/2024 at 1:00 AM
Listing updated: 12/02/2024 at 3:29 PM
Listed by: David L Moretz II, NHT Real Estate LLC Phone #: (202) 670-5352
MLS: Bright #DCDC2145694
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