
Description
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.
-
0BEDS
-
0.05ACRES
-
0BATHS
-
01/2 BATHS
-
3,683SQFT
-
$448$/SQFT
Description
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.
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-15T16:52:23.24.