MLS® ID: DCDC422154
444 RIDGE ROAD SE
WASHINGTON, District of Columbia, 20019 $799,900
Back on the market. Buyer's financing was not approved. Dont miss your second chance at this investment opportunity in Fort Dupont Park! A gem of a neighborhood nestled by a 376-acre federal park managed by the National Park Service. 444 Ridge Rd SE consists of three lots (Square 5397S, Lots 814, 816, and 818) totaling 15,522 square feet of land area. Comparable lot & land listings in zip code 20019 have sold for $1MM+ (Comps included 5821 Dix St NE & 5827 Dix St NE). Sold As Is! This property comes with options for the final development. Maximize the highest & best use and build a 25 unit condo/apartment complex (similar to the rendered design)..or, subdivide the property into separately recorded lots and build five single family semi-detached homes. Or, buy and hold..just renovate the functional one-story single-family residence that is currently on the property. Your creativity and resourcefulness is the only limit. Land use analysis by Sullivan & Barros, LLP is available for your review. *New construction of low income housing may qualify for funding through Washington, DC Housing Production Trust Fund and Inclusionary Zoning Affordable Housing Program. Contact the listing agent with additional questions.