Log In/Sign Up
Your email has been sent.
1507 Erie SE st - Erie St SE 0.6 Acres of Residential Land Offered at $550,000 in Washington, DC 20020
Executive Summary
Investor’s Dream! Don’t miss this rare opportunity to acquire 3 adjacent LOTS on Erie Street SE, nestled in a rapidly growing and revitalizing neighborhood. Whether you're a seasoned developer or new to the game, this is your chance to capitalize on the momentum in the area. **All three lots are being sold together**, offering the potential for multiple townhomes with an **estimated ARV of $620K per unit**. The location boasts strong appreciation potential, convenient access to major thoroughfares, and is surrounded by ongoing development and community improvements. Seize this golden opportunity to build and profit in one of the city's up-and-coming hotspots! Price includes approved permits and architecture drawings packet, etc.. ARV for similar Townhomes' built in area are $650,000 average sales price per lot
Property Facts
| Price | $550,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.60 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Zoning | R-3 - Low to moderate to medium density zoning category generally characterized by the development of semi- detached and row dwellings | ||
| Price | $550,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.60 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Low to moderate to medium density zoning category generally characterized by the development of semi- detached and row dwellings |
1 Lot Available
Lot 37-39
| Price | $550,000 | Lot Size | 0.60 AC |
| Price Per AC | $916,666.67 |
| Price | $550,000 |
| Price Per AC | $916,666.67 |
| Lot Size | 0.60 AC |
Investor’s Dream! Don’t miss this rare opportunity to acquire 3 adjacent LOTS on Erie Street SE, nestled in a rapidly growing and revitalizing neighborhood.for similar Townho
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
