2023 Benning Rd NE - 2023-2025-2027 Benning Rd NE 0.13 Acres of Residential Land Offered at $1,975,000 in Washington, DC 20002
INVESTMENT HIGHLIGHTS
- Easy access to restaurants and shopping along the H Street Corridor.
- Located in front of the DC Streetcar, which takes passengers to both Union Station and Minnesota Ave metro stations.
EXECUTIVE SUMMARY
The lot to the right is being permitted for 50-unit MF, and the lot to the left is under construction for a 10-unit MF.
LESS THAN A MILE TO STADIUM ARMORY METRO. Located in front of the DC Streetcar, which takes passengers to both Union Station and Minnesota Ave metro stations and .3 mile to Hechinger Mall with Safeway, Starbucks, Subway, and more. Easy access to restaurants and shopping along the H Street Corridor. Ask for a copy of a recent appraisal!
LESS THAN A MILE TO STADIUM ARMORY METRO. Located in front of the DC Streetcar, which takes passengers to both Union Station and Minnesota Ave metro stations and .3 mile to Hechinger Mall with Safeway, Starbucks, Subway, and more. Easy access to restaurants and shopping along the H Street Corridor. Ask for a copy of a recent appraisal!
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,975,000 |
| Price Per AC | $15,186,349.97 |
| Lot Size | 0.13 AC |
SELLER FINANCING AVAILABLE FOR MULTIFAMILY DEVELOPMENT OPPORTUNITY! This combined 5,665 sf parcel is zoned MU-5A(IZ+), which allows by right for: 4.2 FAR, 70' height, 80% lot occupancy. Zoning approved up to 7 floors.
DESCRIPTION
This is a 0.13-acre lot.
1 of 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 4515-0101 | Improvements Assessment | $662,210 |
| Land Assessment | $678,690 | Total Assessment | $1,340,900 |
