COMING SOON! 2326 Nicholson St SE, Washington, DC 20020 NOT ON MLS! Buy This Home, We’ll Buy Yours For CASH!* No Gimmicks! Call 571-520-4888 for more info.
2326 Nicholson St SE, Washington, DC 20020
COMING SOON! 2326 Nicholson St SE, Washington, DC 20020 NOT ON MLS! Buy This Home, We’ll Buy Yours For CASH!* No Gimmicks! Call 571-520-4888 for more info.
By submitting information, I am providing my express written consent to be contacted by representatives of this website through a live agent, artificial or prerecorded voice, and automated SMS text at my residential or cellular number, dialed manually or by autodialer, by email, and mail.
Notifications
PRIME DEVELOPMENT OPPORTUNITY! Just 2 miles south of the recently announced $2.7 billion redevelopment of the 180 acre RFK campus, this unassuming tear down single family home carries the coveted RA-2 (Residential Apartment) zoning that touts a 1.8 floor area ratio that would potentially allow this 4,500 SF (30’x150’) rectangular lot to support 8,100 SF (4,500 x 1.8) of residential development that includes a 50-feet height restriction (4 floors @ 2,025 SF per floor) not including a rooftop deck structure. Ideally situated just one block off of Pennsylvania Avenue, it’s after repair value could easily exceed $3M (e.g. (8) – 1,000 SF 2BR, 2BA condos at $400K each = $3.2M) and is supported by recent sales across the street where the 968 SF 2305 Nicholson St SE #205 2BR 2BA condo sold for $460K in February this year. Location just far away enough from the hustle and bustle of the new RFK development but close enough proximity for maximum appreciation potential!
If you would like to get the CURRENT price of this home, or for the most up-to-date information on this home, call us at 571-520-4888.
Your Price is Our Promise. Your Home SOLD 100% of the Asking Price or We Will Pay You the Difference! DM or Call us at 571-520-4888. Visit us HERE.