Real estate listing preview #1
listing
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CommercialFor Sale
$1,349,900
1625 21st Place Se
Washington, DC 20020
Listed by: NHT Real Estate LLC, [email protected]
MLS: Bright MLS
Est. Mortgage
$7,068/mo

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.

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This data is up-to-date as of 10/28/2024 04:05 AM. Listing provided by David L Moretz II of NHT Real Estate LLC.
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