DC > Washington
Washington, DC 20017,3319 12TH ST NE
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James Balletto

James Balletto

+1(609) 349-2987
$ 1,399,900
Est. payment | /mo

2,488 SqFt

Save
$ 1,399,900
Est. payment | /mo
Save

2,488 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,488 sqft

Price per Sqft $562

MLS Listing ID DCDC2190752

Style Contemporary

Abv Grd Liv Area 1,982

Originating Board BRIGHT

Annual Tax Amount $38,949

Tax Year 2024

Lot Size 3,500 Sqft

Acres 0.08

Property Sub-Type Other

Property Description

Unlock a high-yield development opportunity in Brookland's thriving core. This 9-unit, fully permitted site on 12th Street offers immediate construction potential. Approved plans feature 6 two-bedroom and 3 one-bedroom residences, designed to meet the growing demand in this rapidly appreciating neighborhood. This project is projected to deliver a significant 20% profit margin. A comprehensive due diligence package, including detailed proforma, comparable sales, and architectural plans, is available upon request. Benefit from established debt and equity partnerships already secured for this site. Position yourself for substantial returns in Brookland's dynamic market.

Location

State DC

County Washington

Zoning RESIDENTIAL

Interior

Hot Water None

Heating Hot Water

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3930//0029

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Michael A Hines • EXP Realty, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 349-2987

balletto.j@gmail.com

12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States

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3319 12TH ST NE