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Listed by Mr. Michael A Hines • EXP Realty, LLC
$ 849,900
Est. payment /mo
Price Dropped by $100K
2823 GAINESVILLE ST SE Washington, DC 20020
0.26 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2222484
HOA Y/N N
Annual Tax Amount $4,403
Tax Year 2024
Lot Size 0.261 Acres
Acres 0.26
Property Sub-Type Land
Source BRIGHT
Property Description
Fully approved and permitted site for a 12- unit building. For the current comp set and proforma for both market rate 4.4 million at a 6.5% cap rate and Housing Choice Voucher executions 4.6 million value at a 6.5% cap rate. Listing agents have a full data set, pre-con estimates and list of GC's familiar with plans and site.
Location
State DC
County Washington
Zoning RA-1
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water None
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5729//0067
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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