$768,000 $4,123 est/mo Sourced by Back At You

2921 Langston Pl SE,Washington, DC 20020

Washington DC, 20020

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Description

Exceptional Development Opportunity in Randall Heights Nine Adjacent Lots with R-2 ZoningDiscover an unparalleled investment opportunity in Southeast Washington, DC's heart at 2921 Langston Place SE. This expansive offering includes nine adjacent lots (Square 5839, Lots 0001, 0002, 0003, 0004, 0005, 0006, 0008, 0009, and 0010), perfect for developers and investors aiming to make a significant impact in a community where housing demands continue to grow.Key Features:Total Development Area: The package comprises nine wooded lots ready for clearing and development and a three-level, all-brick property needing renovation (Lot 0814, Square 5742).Zoning Perks: Zoned R-2, these lots are predominantly developed with semi-detached housing, offering a blend of density and community-focused living. Potential developers can use inclusionary zoning regulations, possibly qualifying for density bonuses or other tax incentives.Utilities: The existing property already has utilities, including water, gas, and electricity, simplifying the logistical aspects of future development.Strategically situated in a neighborhood with amenities, the site is a stone's throw away from Washington Park, Snow Hill Manor Neighborhood Park, Bedford Neighborhood Park MNCPPC, and Takoma Academy nearby. This prime location enhances the allure of residential development, making it an ideal investment opportunity. Additional Resources: A plot map, soil survey, and complete appraisal are available upon request. These provide all the necessary details to envision and plan the development project.This exceptional real estate is more than just a purchase; it's an investment in the future of Washington, DC. Its potential for semi-detached and possibly detached dwellings presents a unique opportunity to create a new community space tailored to the city's growing needs. Whether envisioning a series of contemporary homes or a more integrated residential complex, these lots provide the flexibility and scale necessary for a landmark development.

Details

MLS#DCDC2138730
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site25
Listing Provided ByEXIT Right Realty | Anthony R Beharry

Features

ZoningR-2
Acreage0.41

Market Activity 20020

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Listings Checked: 2 minutes ago
StateDC
CountyWashington
CityWashington
Zip Code20020
Community NameRandle Heights
School DistrictDistrict Of Columbia Public Scho
Elementary SchoolStanton
Middle SchoolKramer
High SchoolAnacostia
Listing VS Median (in Randle Heights)
Price:
$768,000
low | high
Med:
$313,900
100% of Average
On Site:
25
low | high
Med:
12.000000
100% of Average
Sourced by Back At You
Listing Updated: May 13, 2024 at 1:33:54 PM PDT