650 Morton Street Northwest
Description
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 development. 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...| POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available
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 development. 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.
- Listed by Christopher S Burns • TTR Sotheby's International RealtyP: (202)-251-7465 listings@burnsandnoble.com
Property Details for 650 Morton Street Northwest
Property Details for 650 Morton Street Northwest
| Status | Active |
|---|---|
| MLS # | DCDC2164372 |
| Days on Market | 70 |
| Taxes | $7,092 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Townhouse |
| MLS Type | Residential / Fee Simple |
| Year Built | 1909 |
| Lot Size | 0.15 AC / 6,740 SF |
| County | District of Columbia |
Building Information for 650 Morton Street Northwest
Property Information for 650 Morton Street Northwest
- In City Limits: Yes
- School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- School District County ID: 121140357950
- SchoolDistrictSource: Listing Agent
- County: WASHINGTON
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Senior Community: No
- Tax Year: 2024
- Tax Assessed Value: $850,620
- Year Assessed: 2024
- Improvement Assessed Value: $234,110
- City Town Tax: $7,092
- Land Assessed Value: $616,510
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: RA-3 / IZ+
- Tax Lot: 34
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: Yes
- # Bedrooms Count Main Level: 0
- # Bathrooms Count Main Level: 0
- # Bathrooms Full Main Level: 0
- # Bedrooms Count All Upper Levels: 3
- # Bathrooms Count All Upper Levels: 1
- # Bathrooms Full All Upper Levels: 1
- # Bedrooms Count Upper Level: 3
- # Bathrooms Count Upper Level: 1
- # Bathrooms Full Upper Level: 1
- # Bathrooms All Lower Levels: 1
- # Bathrooms Half All Lower Levels: 1
- # Bathrooms Lower Level: 1
- # Bathrooms Half Lower Level: 1
- Stories: Lower 1, Main, Upper 1
- Total Finished SQFT: 1,960.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,960.00
- Total SQFT: 2,140.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Basement Type: Partially Finished
- Foundation Details: Slab
- Room and Floor: Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1, Bathrooms Half-Lower Level 1-1
- # Bathrooms Full: 1
- # Bathrooms Half: 1
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Assessor
- Soil Types: Unknown
- Parcel ID: 16050566
- Ground Rent Exists: No
- Type Of Parking: Off Street, Alley
- Fireplace: No
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Septic
- List Agent AOR: Greater Capital Area Association of REALTORS
- List Agent URL: http://thrivereteam.com
Property History for 650 Morton Street Northwest
| Date | Event & Source | Price | Appreciation |
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| 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 650 Morton Street Northwest
Schools near 650 Morton Street Northwest
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Bruce-Monroe Elementary School @ Park View PublicPK to 5 | ||
MacFarland Middle School Public6 to 8 | ||
Roosevelt High School @ MacFarland Public9 to 12 | ||
Roosevelt STAY High School @ MacFarland Public9 to 12 |
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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Listing Courtesy of TTR Sotheby's International Realty
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/06/2024 02:18 AM