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Aryan Frizhandi

aryan.frizhandi@lnf.com +1(202) 899-0069

$ 1,349,900

Est. payment -/mo

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Active

1625 21ST PL SE Washington, DC 20020

2 Beds

2 Baths

2,000 SqFt

UPDATED:

10/31/2024 05:31 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $674

Subdivision Randle Heights

MLS Listing ID DCDC2145694

Style Other

Bedrooms 2

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 2,000

Originating Board BRIGHT

Year Built 1931

Tax Year 2022

Lot Size 2,500 Sqft

Acres 0.06

Lot Dimensions 0.00 x 0.00

Property Description

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.

Location

State DC

County Washington

Zoning RA-2

Rooms

Main Level Bedrooms 2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type Driveway

Garage N

Building

Story 2

Foundation Slab

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 5592//0028

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Negotiable, Other

Listing Terms Cash, Negotiable, Other

Financing Cash,Negotiable,Other

Special Listing Condition Standard

Listed by David L Moretz II • NHT Real Estate LLC

Aryan Frizhandi

Agent

+1(202) 899-0069

Aryan Frizhandi

1625 21ST PL SE Washington, DC 20020

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1625 21ST PL SE