INVESTOR ALERT! 14-unit development opportunity fully approved and permitted in hot Anacostia. All
plans and permits will convey with sale. Upon Stabilization, the appraised value is estimated to exceed
$3 million as of September 2023 with a projected annual NOI of $200k+. Potentially even higher value when the project is complete. Prospective buyers can achieve additional savings through in-house property management/ development. Property consists of three-combined residential lots. Begin construction immediately or lease single -family home until ready to start. Solid investment. Amazing view of the city skyline.
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 11th December, 2023 6:19 AM (UTC)