3812 16Th Street South Arlington, VA 22204

$1,500,000
18
Beds
12
Baths
0.25
Acres
7,599
SQFT
197
$/SQFT
$1,500,000
18
Beds
12
Baths
7,599   sf
$197 / sf
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You're buying:1) EHO Approved Permit for 6 unit apartment complex - Permit will be transferred. Plan can be found in document section.2) SFH currently on it Seller has officially received the Expanded Housing Option (EHO) Development permit for this lot. No more than thirty (30) R-6 permits are issued a year.Expanded Housing Option (EHO) Development offers an alternative on single-family residential lots that allows for the construction of duplexes, townhouses, and multifamily buildings that meet the design standards in Arlington County Zoning Ordinance (ACZO)3812 16th has met the requirements: Minimum Lot Area of 6,000 sq ft and Minimum Lot Width of 60 ft. You'll receive the parcel + home with the EHO Permit, you'll take it from there.There's a home there now that you can rent till you start demo.3 floors2 units per floorEach unit has 3 bedrooms and 2 full bathroomsDon't miss out! This is VERY RARE and UNIQUE investment in Douglas Park, ArlingtonAlso listed commercially: VAAR2069012

You're buying:1) EHO Approved Permit for 6 unit apartment complex - Permit will be transferred. Plan can be found in document section.2) SFH currently on it Seller has officially received the Expanded Housing Option (EHO) Development permit for this lot. No more than thirty (30) R-6 permits are issued a year.Expanded Housing Option (EHO) Development offers an alternative on single-family residential lots that allows for the construction of duplexes, townhouses, and multifamily buildings that meet the design standards in Arlington County Zoning Ordinance (ACZO)3812 16th has met the requirements: Minimum Lot Area of 6,000 sq ft and Minimum Lot Width of 60 ft. You'll receive the parcel + home with the EHO Permit, you'll take it from there.There's a home there now that you can rent till you start demo.3 floors2 units per floorEach unit has 3 bedrooms and 2 full bathroomsDon't miss out! This is VERY RARE and UNIQUE investment in Douglas Park, ArlingtonAlso listed commercially: VAAR2069012

  • Neighborhood
  • Type
  • Total Baths
  • County
    Arlington
  • Tax Amount
    $8,026
  • Status
    Active
  • Listing #
    VAAR2068954
  • Lot Size
    0.25
  • Listed on site
    165 days
  • Listing Agent Id
    121136736045
  • Co Listing Agent Id
    301811860786

Listed by:
Keller Williams Realty

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • New Construction
  • No Builder Restrictions

Exterior features

  • No Pool
  • Porch
  • Basement

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Traditional
  • Colonial

Property History

DateDays AgoEventNew Price
Jun 18, 20262 mos agoPrice decreased50,000 (3%)$1,500,000
Apr 16, 20264 mos agoPrice decreased50,000 (3%)$1,550,000
Feb 19, 20266 mos agoNew on market$1,600,000
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