TOWNHOUSE / MULTI-FAMILY DEVELOPMENT @ PARK MORTON. SELLER FINANCING OR SETTLEMENT UPON ENTITLEMENT AVAILABLE. Prime Residential Development Opportunity Across from the newly-built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key… Read More zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including (9) townhouse or "2 over 2" condos , a traditional 24-unit multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers. Read Less
Courtesy of Christopher S Burns, TTR Sotheby's International Realty 202-234-3344
Listing Snapshot
Days Online
2
Last Updated
Property Type
Townhouse
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,960
Lot Size
0.15 Acres
Year Built
1909
MLS Number
DCDC2235098
Additional Details
Basement
Partially Finished
Building
Built in 1909, Living area: 1960, Levels: 3, Construction Materials: Brick
Cooling
None
Accessibility Features
None
Foundation
Slab
Heating
Hot Water
Lot
0.15 acres
Property
Other structures: Above Grade, Below Grade
Sewer
Public Septic
Taxes
Annual Amount: $7,190, Year: 2026, Zoning: RA-3
Utilities
Water Source: Public
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