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$1,999,995

Beds
3
Baths
1.5
sq ft
1,960

650 Morton St NW, Washington, DC 20010

650 Morton St NW

WASHINGTON, DC 20010

  • 70 days on market
    • Price drop $250,004↓
| POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.

Details

Property type

Townhouse

Lot size

6,740 sq ft

Price per sq ft

$1,021

Year built

1909

Annual property taxes

$7,092

HOA

No

Price History

12/02/2024
Bright

Bright #DCDC2164372

Price change
$1,999,995
-11.11%
11/14/2024
Bright

Bright #DCDC2164372

Price change
$2,249,999
-6.25%
10/14/2024
Bright

Bright #DCDC2164372

Listed
$2,399,995

Schools & Community

Neighborhood: 

Park View

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 12:55 AM

Listing updated: 12/06/2024 at 2:19 AM

Listed by: Christopher S Burns, TTR Sotheby's International Realty Phone #: (202) 234-3344

MLS: Bright #DCDC2164372

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