1625 21st Place Southeast
$1,075,000
—
2,000
2,000
$538
Description
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...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.
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...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.
- Listed by David L Moretz II • NHT Real Estate LLCP: (706)-627-8926 lee.moretz@nhabitco.com
- Listed by Kirsten McGarvey • NHT Real Estate LLCP: (814)-460-9318 kirsten.mcgarvey@nhabitco.com
Property Details for 1625 21st Place Southeast
Tax ID Number
5592//0028
OwnershipFee Simple
Structure TypeDetached
StyleOther
WaterfrontNo
GarageNo
Legal SubdivisionRandle Heights
Central AirNo
LISTING UPDATED: 12/02/2024 03:26 PM
Property Details for 1625 21st Place Southeast
Status | Active |
---|---|
MLS # | DCDC2145692 |
Days on Market | 201 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1931 |
Lot Size | 0.06 AC / 2,500 SF |
County | District of Columbia |
Building Information for 1625 21st Place Southeast
Stories-Residences4Year Built1931Building Size-Lot Size0.06 AC / 2,500 SF
Property Information for 1625 21st Place Southeast
Property History for 1625 21st Place Southeast
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1625 21st Place Southeast
Taxable ValueLand$193,250Additions$280,900Total$474,150
Tax Record2024$23,708 ($1,976 / month)
Home Facts
Total Finished SqFt2,520 SqFtAbove Grade Finished SqFt2,520 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1931ZoningRA-2CountyDISTRICT OF COLUMBIAAPN5592 0043
Schools near 1625 21st Place Southeast
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Orr Elementary School PublicPK to 5 | ||
Kramer Middle School Public6 to 8 | ||
Anacostia High School Public9 to 12 | ||
Excel Academy PublicPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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