3319 12TH ST NE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20017
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