2340 Green Street Se Washington, DC 20020

$485,000
3
Beds
2
Baths
0.06
Acres
1,440
SQFT
337
$/SQFT
$485,000
3
Beds
2
Baths
1,440   sf
$337 / sf
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Seller offering a $14,000 credit toward closing costs or interest rate buy-downInvestor Alert – Prime Condo Development Opportunity in Historic Anacostia!Rare opportunity to acquire a multi-lot property in one of Washington, DC’s fastest-evolving neighborhoods. This offering includes three subdivided lots sold as one, presenting exceptional potential for a ground-up condo development or multi-unit project.The existing single-family home provides immediate value—ideal for rental income while plans and permits are secured—creating a strategic hold-and-build scenario for developers and investors alike.Located on a street with active new construction and condo development, this property is positioned for strong future upside. Zoned RA-1, it allows for residential expansion and potential condo conversion, making it a flexible asset for a variety of development strategies.Situated in historic Anacostia, the property benefits from proximity to major redevelopment corridors, parks, transit, and neighborhood amenities—an area the District continues to target for higher-density, mixed-use growth and revitalization.Highlights:Three subdivided lots – maximize density and design potentialExisting home for rental income during entitlement phaseZoned RA-1 with condo development potentialSurrounded by ongoing and recent development projectsLocated in a rapidly appreciating and revitalizing neighborhood

Seller offering a $14,000 credit toward closing costs or interest rate buy-downInvestor Alert – Prime Condo Development Opportunity in Historic Anacostia!Rare opportunity to acquire a multi-lot property in one of Washington, DC’s fastest-evolving neighborhoods. This offering includes three subdivided lots sold as one, presenting exceptional potential for a ground-up condo development or multi-unit project.The existing single-family home provides immediate value—ideal for rental income while plans and permits are secured—creating a strategic hold-and-build scenario for developers and investors alike.Located on a street with active new construction and condo development, this property is positioned for strong future upside. Zoned RA-1, it allows for residential expansion and potential condo conversion, making it a flexible asset for a variety of development strategies.Situated in historic Anacostia, the property benefits from proximity to major redevelopment corridors, parks, transit, and neighborhood amenities—an area the District continues to target for higher-density, mixed-use growth and revitalization.Highlights:Three subdivided lots – maximize density and design potentialExisting home for rental income during entitlement phaseZoned RA-1 with condo development potentialSurrounded by ongoing and recent development projectsLocated in a rapidly appreciating and revitalizing neighborhood

  • Neighborhood
  • Type
  • Total Baths
  • County
    Washington
  • Tax Amount
    $1,664
  • Status
    Active
  • Listing #
    DCDC2253028
  • Built
    1939
  • Lot Size
    0.06
  • Listed on site
    65 days
  • Listing Agent Id
    121137147670

Listed by:
Coldwell Banker Realty - Washington

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Main Floor Bedroom

Style

  • Cape
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