$2,249,999
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650 Morton Street NW Washington, DC 20010
Multi-Family
Residence
Beds
Baths
25,520
Sq. Ft.
0.15
Acre
Lot
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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 devel...opment. 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.
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MLS#
DCDC2164404
Property Type
Multi-Family
Year Built
1909
Square Feet
25,520
sq. ft
Lot Size
0.15
Sewer
Public Septic System
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