Property

Washington, DC 20010 650 Morton Street NW

650 Morton Street NW Washington, DC - Image 1650 Morton Street NW Washington, DC - Image 2
Presented By: TTR Sotheby's International Realty
  • MLS# DCDC2164404
  • 10/14/2024
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  • SQFT • 25,520

Home Details

| 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.
Presented By: TTR Sotheby's International Realty

Interior Features for 650 Morton Street NW

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 650 Morton Street NW

Acceptable FinancingCash, Negotiable, Seller Financing, Private
AccessibilityNone
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyWASHINGTON
DirectionsEnter from Georgia Ave.
HeatingHot Water
Legal SubdivisionColumbia Heights
Lot Size Square Feet6740.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-02-20T09:35:51
New ConstructionNo
OwnershipFee Simple
PossessionImmediate, Coin w/Sell Sett, Negotiable, Settlement
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Septic
Standard StatusActive
StatusACTIVE
Subdivision NamePARK VIEW
Tax Annual Amount6979.0
Tax Assessed Value821000.0
Tax Lot34
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1909
Year Built SourceEstimated
ZoningRA-3 / IZ+

Exterior for 650 Morton Street NW

Building Area Total0.00
Car Parking Spaces4
Foundation DetailsSlab
Land Assessed Value590690.00
Land Use Code
Lot Dimensions41'6 x 162'7
Lot Size Acres0.15
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces4
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Antonio Freitas

Associate
Price $1,999,995
MLS#DCDC2164404
List Date 10/14/2024
Property Type Commercial
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