1. District of Columbia
  2. Washington
  3. 650 MORTON STREET
$1,864,900

650 MORTON STREET, Washington, DC 20010

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

| POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available | NEW PRICE - MOTIVATED SELLER | 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.

Listing Status:
Active
Date Added:
October 14, 2024 at 05:00AM
Listing Office:
TTR Sotheby's International Realty : 2022343344
Listing Agent:
Christopher S Burns : 2022517465
MLS ID:
DCDC2164402
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON

This listing courtesy of Christopher S Burns, TTR Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bruce Monroe Elementary School @ Park View

3560 Warder St NW, Washington, DC, 20010

Grades EE-5

0.19 miles away

C

Capitol Hill Montessori School at Logan

2501 11th St NW, Washington, DC, 20001

Grades PK-8

0.65 miles away

B

Benjamin Banneker High School

800 Euclid St NW, Washington, DC, 20001

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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