DC > Washington > Anacostia
Washington, DC 20020,2326 NICHOLSON ST SE
Washington, DC 20020,2326 NICHOLSON ST SE
Washington, DC 20020,2326 NICHOLSON ST SE
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$600,000
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2,633 SqFt
Active

2326 NICHOLSON ST SE Washington, DC 20020

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DeAndrea DeeDee Jones

DeAndrea DeeDee Jones

+1(703) 596-5884

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,633 sqft

Price per Sqft $227

Subdivision Anacostia

MLS Listing ID DCDC2233676

Style Tudor

Abv Grd Liv Area 1,848

Year Built 1907

Annual Tax Amount $3,542

Tax Year 2024

Lot Size 4,500 Sqft

Acres 0.1

Property Sub-Type Detached

Source BRIGHT

Property Description

PRIME DEVELOPMENT OPPORTUNITY! Just 2 miles south of the recently announced $2.7 billion redevelopment of the 180 acre RFK campus, this unassuming tear down single family home carries the coveted RA-2 (Residential Apartment) zoning that touts a 1.8 floor area ratio that would potentially allow this 4,500 SF (30'x150') rectangular lot to support 8,100 SF (4,500 x 1.8) of residential development that includes a 50-feet height restriction (4 floors @ 2,025 SF per floor) not including a rooftop deck structure. Ideally situated just one block off of Pennsylvania Avenue, it's after repair value could easily exceed $3M (e.g. (8) - 1,000 SF 2BR, 2BA condos at $400K each = $3.2M) and is supported by recent sales across the street where the 968 SF 2305 Nicholson St SE #205 2BR 2BA condo sold for $460K in February this year. Location just far away enough from the hustle and bustle of the new RFK development but close enough proximity for maximum appreciation potential!

Location

State DC

County Washington

Zoning RA-2

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es)

Parking Features Garage - Rear Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Porch Porch(es)

Total Parking Spaces 1

Garage Y

Building

Foundation Other

Above Ground Finished SqFt 1848

Sewer Public Sewer

Water Public

Architectural Style Tudor

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Orr

Middle Schools Kramer

High Schools Anacostia Senior

School District District Of Columbia Public Schools

Others

Tax ID 5560//0006

Ownership Fee Simple

SqFt Source 2633

Special Listing Condition Standard

Bright MLS (BMLS)

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2326 NICHOLSON ST SE

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DeAndrea DeeDee Jones

DeAndrea DeeDee Jones

Broker Associate | License ID: 0225077056

+1(703) 596-5884

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