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1004 18TH Street NE

WASHINGTON, DC 20002
  • $749,900
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: DCDC2072778
UPDATED: 66 min ago
$749,900
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

The property allows an opportunity for a developer to build up to 7 condo or rental units. Seller will provide fully approved plans and permits prior to settlement.Zoning is RA-2 that has an FAR of 1.8 and 2.16 with Inclusionary Zoning units.1004 18th is located in an Opportunity Zone which allows developers the ability to design affordable housing. There are possible tax credits that the developer may be able to take advantage of for providing affordable housing. The Housing Choice Voucher Program allowable rents are very attractive. Housing Choice Voucher Program allows $3,113/month for a 2 bedroom, $2648/month for a 1 bedroom and $2520/month for an efficiency. LOCATIONCarver/Langston has become one of the hottest new neighborhood to live in with a lot of Development going on providing owners with restaurants, grocery stores and shopping along the H Street Corridor. Surrounding neighborhoods like Benning Road, Bladensburg RD and Ivy City are providing additional services to community residents.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-30T18:51:44.763.
www.execuhome.com/homes/134261855
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1004 18TH Street NE WASHINGTON, DC 20002

  • Price: $749,900
  • Status: Active
  • On Site: 34 Days
  • Updated: 66 min ago
  • ID#: DCDC2072778
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1940
Built
Neighborhood:
Carver Langston
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
The property allows an opportunity for a developer to build up to 7 condo or rental units. Seller will provide fully approved plans and permits prior to settlement.Zoning is RA-2 that has an FAR of 1.8 and 2.16 with Inclusionary Zoning units.1004 18th is located in an Opportunity Zone which allows developers the ability to design affordable housing. There are possible tax credits that the developer may be able to take advantage of for providing affordable housing. The Housing Choice Voucher Program allowable rents are very attractive. Housing Choice Voucher Program allows $3,113/month for a 2 bedroom, $2648/month for a 1 bedroom and $2520/month for an efficiency. LOCATIONCarver/Langston has become one of the hottest new neighborhood to live in with a lot of Development going on providing owners with restaurants, grocery stores and shopping along the H Street Corridor. Surrounding neighborhoods like Benning Road, Bladensburg RD and Ivy City are providing additional services to community residents.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Driveway Property Condition Major Rehab Needed Riparian Rights YN No Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3660.00 Cooling None Heating None Net Square Feet 3660.00

Property Features

Accessibility Features None Business Type Apartment Building Central Air YN No Construction Completed YN No Cooling Fuel None Cross Street K Street Foundation Details Block Heating Fuel Natural Gas Available Hot Water None Navigable Water YN N New Construction YN Yes Number Of Units Total 7 Original MLSNumber 801973482316 Ownership Interest Fee Simple Possession 0-30 Days CdImmediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3912.00 Tax Assessment Amount 501530.00 Vacation Rental YN No Water Source Public Zoning Ra2

Listing courtesy of Long & Foster Real Estate, Inc.: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-30T18:51:44.763.
 
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