3319 12TH St NE
washington, DC 20017$1,399,900
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Unlock a high-yield development opportunity in Brookland's thriving core. This 9-unit, fully permitted site on 12th Street offers immediate construction potential. Approved plans feature 6 two-bedroom and 3 one-bedroom residences, designed to meet the growing demand in this rapidly appreciating neighborhood. This project is projected to deliver a significant 20% profit margin. A comprehensive due diligence package, including detailed proforma, comparable sales, and architectural plans, is available upon request. Benefit from established debt and equity partnerships already secured for this site. Position yourself for substantial returns in Brookland's dynamic market.
Details
2,488 Sq Ft
3,500 Sq Ft Exterior Space
Investment
$38,949 Annual Tax
MLS/Listing ID DCDC2190752
2 Units
Listing Courtesy of EXP REALTY, LLC, MICHAEL A HINES - 202-379-5868
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/27/2025.
Source: Bright Multiple Listing Service, Inc.
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