650 MORTON ST NW Active

Washington,DC 20010

$ 2249999

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Park View

MLS Listing ID DCDC2164402

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $7,092

Tax Year 2024

Lot Size 6,740 Sqft

Acres 0.15

Lot Dimensions 41'6 x 162'7

Property Description

PROJECTED OUTSALE OF $8 - $10 MILLION
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.

Location

State DC

County Washington

Zoning RA-3

Exterior

Waterfront N

Water Access N

Garage N

Building

Sewer Public Septic

Water Public

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3040//0034

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Negotiable,Seller Financing,Private

Listing Terms Cash,Negotiable,Seller Financing,Private

Financing Cash,Negotiable,Seller Financing,Private

Special Listing Condition Standard

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