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Lot/land
  • Price cut: $135.1K (4/17)
    $1,864,900

    650 Morton St NW, Washington, DC 20010

    --beds
    --baths
    6,740Square Feet
    Unimproved Land
    Built in ----
    6,740 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Existing end-of-row rowhouse
    | POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available | NEW PRICE - MOTIVATED SELLER | 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.
    206 days
    on Zillow
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    47
    |
    2
    |

    Zillow last checked: 8 hours ago

    Listing updated: April 25, 2025 at 04:45am

    Listed by:

    Chris Burns 202-251-7465,

    TTR Sotheby's International Realty

    Source: Bright MLS,MLS#: DCDC2164402MLS Logo
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    Facts & features

    Property

    Lot
    • Size: 6,740 Square Feet
    • Dimensions: 41'6 x 162'7
    • Features: Unknown Soil Type
    Details
    • Parcel number: 3040//0034
    • Zoning: RA-3
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Septic
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Park View
    HOA
    • Has HOA: No
    Location
    • Region: Washington

    Financial & listing details

    • Tax assessed value: $850,620
    • Annual tax amount: $7,092
    • Date on market: 10/14/2024
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Negotiable,Seller Financing,Private Financing Available
    • Ownership: Fee Simple
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