Active
650 Morton St NW
Washington DC, 20010
$2,399,999
$356.08 per sqft
Active
0.15 Acres
Land
PROJECTED OUTSALE OF $8 - $10 MILLION
Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
DCDC2164402
MLSⓇ ID
October 14, 2024
Listed
October 19, 2024
Updated
Map
650 Morton St NW
Washington DC, 20010
Exterior/Building Features
Lot Size
0.15 Acres
School Information
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Details
Taxes
$7,092
Tax Frequency
Annually
Days on Market
5
Garage
No
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listed by TTR Sotheby's International Realty
Listing Contact: 2022517465
The IDX display contains information sourced from the Bright MLS, Inc. as of 10/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 10/19/2024 at 3:02 PM UTC
