$ 1,764,900
-
$1,764,900
Price -
0
Bed - Bath
-
0
SqFt
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About the Listing TTRS5 - 3033339
NEW PRICE - MOTIVATED SELLER | 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.
Listing Highlights for 650 Morton St NW
Status
Active
Days on Site
330
Property Type
Commercial Sale
MLS ®
DCDC2164404
Year Built
1909
Total Square Footage
0
Lot/Acreage
0.15
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 41'6 x 162'7
- Zoning: RA-3 / IZ+
- Roof:
- Others:
- Sewer: Public Septic
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $6,979
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
650 Morton St NW Washington, DC 20010
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