1846 Capitol Ave NE

Washington, DC 20002

Further price reduction - now $474,900! Move in for the holidays, or get your next development project lined up for the new year! Welcome to 1846 Capitol Ave, NE, a great townhouse situated in the vibrant and rapidly evolving Ivy City neighborhood. The house is a short distance away from the heart of Ivy City, also a short distance away from the hip Union Market and H Street corridor. As it currently stands, the house features a first floor with open floor plan leading to a deep backyard. The second floor features 3 good sized bedrooms and an updated full bath. The house harbors incredible development potential. This 1,891 square foot lot is zoned RF-1, offering flexibility to build up to two dwelling units as a matter-of-right—either both within a primary structure or one in a primary structure and another in an accessory building. Priced reduced $25K! Get your homeowner in the house for the holiday, or get your developer set for the new year! The existing structure currently occupies just over half of the allowable lot space, leaving ample room for expansion. Standing at two stories and approximately 24 feet tall, there's also potential to increase the height to the zoning-allowed 35 feet or 3 stories. Additionally, you can dig down to add a cellar level, maximizing the property’s potential with up to 4 levels of 60% lot occupancy—creating up to 4,320 square feet of rentable or sellable space. To top it off, the seller, a licensed architect, is offering free concept unit plan layouts to help you envision your project, with permit drawings available for an additional fee. Don't miss this opportunity to create something special in one of DC’s hottest areas!

Listing courtesy of Realty Advantage of Maryland LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.