650-652 MORTON ST NW, Washington, DC 20010

Property Description

TOWNHOUSE / MULTI-FAMILY DEVELOPMENT @ PARK MORTON. SELLER FINANCING OR SETTLEMENT UPON ENTITLEMENT 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 (9) townhouse or "2 over 2" condos , a traditional 24-unit 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.

Listing Status:

Active

Listing Office:

TTR Sotheby's International Realty : 2022343344

Listing Agent:

Christopher S Burns : 2022517465

MLS ID:

DCDC2235088

Interior

• A/C: None
• Heating: Hot WaterNatural Gas
• Disability Feature: None

Construction

• General: BrickSlab

Location

• Originating MLS: BRIGHT_MAIN
• School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
• County: WASHINGTON-DC

Lot

• Zoning: RA-3TBD

Utilities

• Water: Public
• Sewer: Public Septic

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Christopher S Burns, TTR Sotheby's International Realty