1625 21st Pl SE
Randle Heights, Washington, DC 20020
$1,349,900
Description
1625 21st Pl SE,
Washington,
DC
20020
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 providea 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 inWashington, DC.The property's value is significantly enhanced by the pre-approved development plansfor a 20-unit condominium building. This approval mitigates much of the initialdevelopment risk and expedites the construction timeline, allowing investors tocapitalize on the market demand more quickly poised to deliver substantial returns inone 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.
Listing By: NHT Real Estate LLC via Data Source: Bright MLS
2844959-DCDC2145692
MLS ID
Price History
date | price | variance | type |
---|
6/10/2024 | $1,349,900 | - | Listed |
listing agent: David Moretz