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$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

Bright #DCDC2145694

Price change
$1,075,000
-20.36%
10/01/2024
Bright

Bright #DCDC2145694

Listed
$1,349,900
10/01/2024
Bright

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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