1019 17th Pl Ne, WASHINGTON, 20002

Multi-Family - Other, Semi-Detached For Sale

$1,500,000

Beds
Baths
2,670Sqft
.09Acres
1936Built
16DOM
MLS® #: DCDC441350
Active, 16 Days on Market

Amazing opportunity for a nearly shovel ready development! The seller has done the heavy lifting of starting the permit process and completing architectural drawings. The vacant four unit building has plans to convert into an 11 unit condo building. See similar finished projects at 1009 17th St NE (8 units) which had over $3.4M in out sales and 1021 17th St NE which projects over $3.6M in out sales. The current architectural drawing includes two 2 bed 2 bath units in the basement. Two 1 bed 1 bath and a studio on the first floor. Two 2 bed 2 bath units on floors 2,3 and 4. Our contractor estimates to finish the project are in the $1.3M range. Our out sale projections are in the $3.9M range.

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Essential Information

MLS® #: DCDC441350
Price: $1,500,000
Condo Coop Fee: $0
Bathrooms: 0.00
Square Footage: 2,670
Acres: 0.09
Year Built: 1936
Type: Multi-Family
Sub-Type: Other, Semi-Detached
Style: Other
Status: Active
Taxes: $4,290
Tax Year: 2018

Community Information

Address: 1019 17th Pl Ne
County: WASHINGTON-DC
State: DC
Zip Code: 20002

Interior

Heating: Radiator
Cooling: None

Exterior

Exterior: Brick and Siding

School Information

District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Listing Office: GreenLine Real Estate, LLC
Date Listed: September 6th, 2019
Days on Market: 16
Zoning: RA-2

Financials

$/SqFt: $562

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Listing information last updated on September 21st, 2019 at 3:30am EDT.