1004 18Th Street NE

  • $$749,900
  • Address:

    1004 18Th Street NE
    Washington, District Of Columbia 20002

  • Sq Ft: 3,660
  • Lot Sq Ft: 0.040 acres
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Description

The property allows an opportunity for a developer to build up to 7 condo or rental units. Seller will provide fully approved plans and permits prior to settlement.
Zoning is RA-2 that has an FAR of 1.8 and 2.16 with Inclusionary Zoning units.
1004 18th is located in an Opportunity Zone which allows developers the ability to design affordable housing. There are possible tax credits that the developer may be able to take advantage of for providing affordable housing. The Housing Choice Voucher Program allowable rents are very attractive. See attached rents.
LOCATION
Carver/Langston has become one of the hottest new neighborhood to live in with a lot of Development going on providing owners with restaurants, grocery stores and shopping along the H Street Corridor. Surrounding neighborhoods like Benning Road, Bladensburg RD and Ivy City are providing additional services to community residents.

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Listing Details

Price:$$749,900
Address:1004 18Th Street NE
City:Washington
State:District Of Columbia
Zip Code:20002
Subdivision:CARVER LANGSTON
MLS:DCDC2065658
Year Built:1940
Square Feet:3,660
Acres:0.040
Lot Square Feet:0.040 acres
accessibilityFeatures:None
architecturalStyle:Contemporary
automaticallyUpdateTaxValuesYN:yes
basementYN:no
buildingUnitsTotal:4
buyerAgencyComp:2.25
buyerAgencyCompType:% Of Gross
centralAirYN:no
constructionCompletedYN:no
constructionMaterials:Brick
coolingFuel:None
coolingType:None
country:US
dom:1
foundationDetails:Block
garageYN:no
heatingFuel:Natural Gas Available
heatingType:None
heatingYN:yes
historicYN:no
hotWater:None
inCityLimitsYN:yes
livingAreaSqftSource:Estimated
lotSizeSource:Assessor
lotSizeUnits:Square Feet
lotSqFt:1654
navigableWaterYN:no
newConstructionYN:yes
otherStructures:Above Grade, Below Grade
otherUnits:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7
ownershipInterest:Fee Simple
pool:No Pool
possession:0-30 Days CD, Immediate
propertyCondition:Major Rehab Needed
propertySubType:Other
rentControlYN:no
riparianRightsYN:no
saleType:Standard
schoolDistrictName:DISTRICT OF COLUMBIA PUBLIC SCHOOLS
schoolDistrictSource:Listing Agent
sewerSeptic:Public Sewer
soilTypes:Urban Land-Sassafras-Chillum
taxAnnualAmount:3912
taxAssessedValue:501530
taxLot:148
taxTotalFinishedSqft:1404
taxYear:2021
tidalWaterYN:no
totalBelowGradeSqftSource:Assessor
totalSqft:3660
totalSqftSource:Estimated
typeOfParking:Off Street
unitsFurnished:All
vacationRentalYN:no
waterAccessYN:no
waterOrientedYN:no
waterSource:Public
waterViewYN:no
waterfrontYN:no
yearAssessed:2021
yearBuiltSource:Assessor
zoningDscrp:Permit flexibility of design by permitting all types of urban residential development (per DC website). Buyer to confirm.
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