Shovel-ready 6-unit multifamily development in the thriving Eckington. This grand corner building, zoned MU-4, will be conveyed with approved plans and permits at closing, streamlining the path to development. Ideally positioned at the rapidly transforming intersection of North Capitol St. and Florida Ave, this project offers an efficient and cost-effective renovation scope—interior-only renovations with no additions or underpinning required—reducing both construction costs and complexity.MU-4 zoning not only supports multifamily development but also allows for short-term rentals, maximizing investment potential.An exceptional opportunity for investors and developers looking for a well-located, permit-ready project with minimized development hurdles.
Shovel-ready 6-unit multifamily development in the thriving Eckington. This grand corner building, zoned MU-4, will be conveyed with approved plans and permits at closing, streamlining the path to development. Ideally positioned at the rapidly transforming intersection of North Capitol St. and Florida Ave, this project offers an efficient and cost-effective renovation scope—interior-only renovations with no additions or underpinning required—reducing both construction costs and complexity.MU-4 zoning not only supports multifamily development but also allows for short-term rentals, maximizing investment potential.An exceptional opportunity for investors and developers looking for a well-located, permit-ready project with minimized development hurdles.
Neighborhood
Type
County
Washington
Tax Amount
$8,872
Status
Active
Listing #
DCDC2176942
Built
1905
Lot Size
0.05
Listed on site
23 days
Listing Agent Id
121137021092