2319 MINNESOTA AVE SE, Washington, DC 20020
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2319 MINNESOTA AVE SE, Washington, DC 20020
2319 MINNESOTA AVE SE, Washington, DC 20020
2319 MINNESOTA AVE SE, Washington, DC 20020
2319 MINNESOTA AVE SE, Washington, DC 20020
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Megan DiGennaro

Megan DiGennaro

+1(540) 621-5783
Listed by Joseph E Freeman III • McWilliams/Ballard, Inc.
$ 599,995
Est. payment /mo
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Price Dropped by $100K

2319 MINNESOTA AVE SE Washington, DC 20020

2,750 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Randle Heights

MLS Listing ID DCDC2247974

Year Built 1926

Annual Tax Amount $22,820

Tax Year 2025

Lot Size 2,750 Sqft

Acres 0.06

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Rare fully-entitled multifamily development opportunity. 2,500 SF corner lot with approved plans and permits for a 10-unit apartment building. Project proposes a four-story plus cellar building totaling approximately 8,955 SF with a 50 ft height and 34.3 ft rear yard. Lot measures 25' x 100' and is located on the corner of Minnesota Avenue and White Place SE, and adjacent to a public alley. Existing 2.5-story detached home (approx. 1,330 SF) would be razed. Sale includes land and approved development plans and permits.

Unit 001 = 875 SF (2BR 1BTH)
Unit 002 = 875 SF (1BR 1DEN 1BTH)
Unit 101 = 671 SF (2BR 1BTH)
Unit 102 = 634 SF (2BR 1BTH)
Unit 201 = 744 SF (3BR 1BTH)
Unit 202 = 730 SF (3BR 1BTH)
Unit 301 = 746 SF (3BR 1BTH)
Unit 302 = 732 SF (3BR 1BTH)
Unit 401 = 748 SF (3BR 1BTH)
Unit 402 = 726 SF (3BR 1BTH)

Estimated Voucher rental rates in the area:

1BR = $1,496 + about $300 to $400 if utilities are included in the rents
2BR = $2,017 + about $300 to $400 if utilities are included in the rents
3BR = $2,443 + about $350 to $450 if utilities are included in the rents

Elevations shown are from the approved Permit Set. The artist's rendering shown is a conceptual representation of the proposed development. Final construction, finishes, materials, amenities, and landscaping may vary from image shown. Prospective buyers should review architectural plans and conduct independent due diligence before purchase.

Location

State DC

County Washington

Zoning MU4

Interior

Hot Water Electric, Natural Gas

Heating Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

View Street

Accessibility None

Total Parking Spaces 3

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Anacostia Senior

School District District Of Columbia Public Schools

Others

Tax ID 5578//0024

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, Conventional

Listing Terms Cash, Bank Portfolio, Conventional

Financing Cash,Bank Portfolio,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Megan DiGennaro

Megan DiGennaro

Agent | License ID: 0225263911

+1(540) 621-5783

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2319 MINNESOTA AVE SE