Property

Washington, DC 20019 616 NE 55Th Street NE

616 NE 55Th Street NE Washington, DC - Image 1616 NE 55Th Street NE Washington, DC - Image 2616 NE 55Th Street NE Washington, DC - Image 3
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616 NE 55Th Street NE Washington, DC - Image 4616 NE 55Th Street NE Washington, DC - Image 5616 NE 55Th Street NE Washington, DC - Image 6616 NE 55Th Street NE Washington, DC - Image 7616 NE 55Th Street NE Washington, DC - Image 8616 NE 55Th Street NE Washington, DC - Image 9616 NE 55Th Street NE Washington, DC - Image 10
Presented By: EXIT Right Realty
  • MLS# DCDC2132106
  • 03/15/2024
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Home Details

Rare Opportunity Alert! Calling all Builders, Investors, and New Construction Aspiring Buyers! Prime Location: Nestled in the heart of Washington, DC, this property occupies a coveted in-fill location strategically positioned between two Metro Stations. Its proximity to downtown and major transportation routes makes it exceptionally convenient for daily commuters and urban explorers alike. Endless Potential: Situated in a burgeoning revitalization area, this property offers a superb opportunity to develop or build a residential masterpiece tailored to your exact needs. The neighborhood's recent transformation has seen a surge in demand, with new single-family homes fetching prices upwards of $550,000. Save and Profit: By purchasing the vacant lot and overseeing the construction yourself, you have the potential to save a substantial amount of money compared to buying a completed property. Moreover, you'll have the satisfaction of creating your dream home while potentially increasing its value over time. Investor's Delight: Savvy investors and builders recognize the incredible return on investment this property offers. With the market on the rise and demand for housing in the area continuing to grow, seizing this opportunity could yield significant returns in the future. Verify and Secure: Prior to making an offer, buyers are encouraged to verify all development possibilities with the appropriate Washington, DC approval agencies. The seller is motivated to close quickly, so don't hesitate to reach out with any questions or schedule a drive-by viewing of the property. Act Now: With its unbeatable location, endless potential, and motivated seller, this property won't last long on the market. Don't miss out on the chance to secure your stake in one of DC's most dynamic neighborhoods. Schedule your viewing today and turn your real estate dreams into reality!
Presented By: EXIT Right Realty

Interior Features for 616 NE 55Th Street NE

Other Interior Features

Street SuffixSTREET

General for 616 NE 55Th Street NE

Acceptable FinancingCash, Conventional, FHA, FHVA
Additional Parcels Y/NNo
Association Recreation FeeN
Buyer Agent Compensation3
Buyer Agent Compensation Type% Of Gross
CityWASHINGTON
Clean Green Assessed Y/NNo
Condo/Coop Association Y/NNo
CountyWASHINGTON
Current UseLand/Lot Only
Days on Market112
DirectionsFrom Central Ave, turn right on Southern Ave, turn left on Eastern Ave NE, turn left onto Nannie Helen Burroughs Ave NE and left of 55th St
DisclosuresOwner RE Licensee
HOA / Comm AssnNo
Historic Y/NNo
Lease Considered Y/NNo
Legal SubdivisionDeanwood
Lot Size Square Feet1600.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-06-07T11:46:32
Percent OwnershipFee Simple
Possession0-30 Days CD
Possible UseResidential
Price Per Sq Ft Total AG65.62
Property SubTypeLand
Property TypeLand
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerWithin 50 FT, Public Septic
Standard StatusActive
StatusACTIVE
Subdivision NameDEANWOOD
Tax Annual Amount79.0
Tax Assessed Value9280.0
Tax Lot11
Tax Year2022
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile
UtilitiesNone
Vacation Rental Y/NNo
ViewStreet, Trees/Woods
Water Access Y/NNo
Waterfront Y/NNo
ZoningR

Exterior for 616 NE 55Th Street NE

Horse Y/NNo
Land Use Code
Lot FeaturesPartly Wooded
Lot Size Acres0.04
Lot Size SourceEstimated
Navigable Water Y/NNo
Number of Lots1
Road ResponsibilityCity/County
Road Surface TypePaved
Soil TypesUnknown
Water Oriented Y/NNo
Water SourceWithin 50 FT, Public
Water View Y/NNo
Wooded Area25.00

Additional Details

Price History

Schools

Middle School Kelly Miller Middle School
High School H.D. Woodson High School
Elementary School Drew Elementary School

Jonathan Damas

Associate
Price $104,990
MLS#DCDC2132106
List Date 03/15/2024
Property Type Land
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