$485,000

Seller offering a $14,000 credit toward closing costs or interest rate buy-down Investor Alert - Prime Condo Development Opportunity in Historic Anacostia! Rare opportunity to acquire a multi-lot property in one of Washington, DC's fastest-evolving neighborhoods. This offering includes three subdivided lots sold as one, presenting exceptional potential for a ground-up condo development or multi-unit project. The existing single-family home provides immediate value-ideal for rental income while plans and permits are secured-creating a strategic hold-and-build scenario for developers and investors alike. Located on a street with active new construction and condo development, this property is positioned for strong future upside. Zoned RA-1, it allows for residential expansion and potential condo conversion, making it a flexible asset for a variety of development strategies. Situated in historic Anacostia, the property benefits from proximity to major redevelopment corridors, parks, transit, and neighborhood amenities-an area the District continues to target for higher-density, mixed-use growth and revitalization. Highlights: Three subdivided lots - maximize density and design potential Existing home for rental income during entitlement phase Zoned RA-1 with condo development potential Surrounded by ongoing and recent development projects Located in a rapidly appreciating and revitalizing neighborhood