2710 12Th Street Ne Washington, DC 20018

$574,200
0.06
Acres
$574,200
Favorite

active
1/12
Street View

For an Investor/Builder/Developer/Restauranteur or house hacking primary residence owner. Create this potential 6 unit building and sell as condos or don’t subdivide it and hold as a 6 unit apartment. Or live in one unit and rent / AirBnB the others. Or create a brand new restaurant. This commercially zoned vacant lot is perfect for a by right project as it helps avoid so many of the complexities associated with adding to DC’s housing stock. --No chimney setback issues --No adjoining property on either side that would cause 10’ rule --The previous structure was already demolished eliminating that risk and cost --There’s no required lengthy underpinning of adjoining structures --The property already has a curb cut. --Schematic Design phase with Cross Design Group already paid for. --New structure would still not connect to neighboring structures on either side. The architecture firm has determined there’s a total buildable square footage of 5,184sf if you go for the IZ bonus. Please see the prospective pro forma in the photos that is made in accordance with the buildable square footage and uses a cost of construction equal to $225 per sf. The property is fenced off for safety so please view property at your own risk.

For an Investor/Builder/Developer/Restauranteur or house hacking primary residence owner. Create this potential 6 unit building and sell as condos or don’t subdivide it and hold as a 6 unit apartment. Or live in one unit and rent / AirBnB the others. Or create a brand new restaurant. This commercially zoned vacant lot is perfect for a by right project as it helps avoid so many of the complexities associated with adding to DC’s housing stock. --No chimney setback issues --No adjoining property on either side that would cause 10’ rule --The previous structure was already demolished eliminating that risk and cost --There’s no required lengthy underpinning of adjoining structures --The property already has a curb cut. --Schematic Design phase with Cross Design Group already paid for. --New structure would still not connect to neighboring structures on either side. The architecture firm has determined there’s a total buildable square footage of 5,184sf if you go for the IZ bonus. Please see the prospective pro forma in the photos that is made in accordance with the buildable square footage and uses a cost of construction equal to $225 per sf. The property is fenced off for safety so please view property at your own risk.

  • Neighborhood
  • Type
  • County
    Washington
  • Tax Amount
    $3,328
  • Status
    Active
  • Listing #
    DCDC2153276
  • Lot Size
    0.06
  • Listed on site
    286 days
  • Listing Agent Id
    121137211705

Listed by:
RLAH @properties

Source:
BRIGHT MLS

Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

View

  • City view

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Nov 18, 20246 mos agoPrice decreased8,000 (1%)$574,200
Aug 2, 202410 mos agoNew on market$582,200
Favorite

Tour This Home

Fri
16May
Sat
17May
Sun
18May
Mon
19May
Tue
20May
Wed
21May
Thu
22May
Fri
23May
Sat
24May
Sun
25May
Mon
26May
Tue
27May
Wed
28May
Thu
29May
in Person
via Video Call