PRIME REDEVELOPMENT OPPORTUNITY IN WASHINGTON, DC! Excellent opportunity for investors, builders, and developers! This offering includes TWO parcels being sold together: 622 I Street NE (Square 0857, Lot 0032, Tax ID: 0857//0032) and 622 Rear I Street NE (Square 0857, Lot 0113, Tax ID: 0857//0113). BOTH PARCELS CONVEY WITH THE SALE.
The property consists of an existing rowhouse and a separate vacant rear lot, zoned RF-1. The seller previously obtained an approved building permit for conversion of the existing single-family rowhouse into a three-unit apartment building. Permit B2303493 was issued October 19, 2023, and expired October 19, 2024. Architectural and engineering drawings associated with the previously approved project are available for review.
The two parcels may offer additional redevelopment possibilities, including a potential alternative configuration of up to four residential units across both lots, subject to zoning, lot requirements, permitting, and all applicable approvals. The prior three-unit plans contemplated combining the parcels and do not constitute approval for a four-unit development.
Great opportunity to explore the development potential of this property in Washington, DC! Buyer is responsible for independently verifying zoning, permitted uses, lot configuration, development feasibility, and whether any prior approvals or plans can be reused. Property is being sold as-is, with both parcels included in one sale.
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Listing Snapshot
Price
$1,400,000
Days On Site
4 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
N/A
MLS Number
DCDC2288918
Status
Active
Property Tax
$39,341
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 days ago
Listing updated with changes from the MLS
4 days ago
Listing first seen on site
General Features
Acres
0.03
Additional Property Use
Residential
Sewer
Public Sewer
Special Circumstances
Standard
Water Source
Public
Zoning
RF1
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Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Realty One Group Performance, LLC