1397 Morris Rd SE - Residential Income FOR SALE


Washington, DC 20020- Anacostia
$500,000 USD
301-918-2954
1397 Morris Rd SE, Washington, DC for Sale
$500,000 USD
Residential Income - FOR SALE
1/4
null | Request Cap Rate

1397 Morris Rd SE
Washington, DC 20020
Anacostia


HIGHLIGHTS

  • Walking distance to Anacostia Metro Station and major redevelopment anchors
  • Ideal for adaptive reuse or small-scale redevelopment, owner occupant, residential redevelopment, and community-use
  • Great price point under $500K with strong upside potential
  • Rare urban infill property with structure and zoning flexibility in an opportunity-rich submarket
  • Public sidewalk and street lighting along frontage
  • Flat, buildable lot

OVERVIEW

The property is located in Washington, DC's Ward 8, on a corner lot with street frontage on Morris Road SE and Stanton Terrace SE in the Opportunity-Rich Anacostia submarket and is positioned near major redevelopment corridors such as Barry Farm, Skyland Town Center, and St. Elizabeth's East. This property is very walkable and convenient to Metro and major redevelopment anchors. The neighborhood is currently experiencing a strong revitalization momentum while repositioning in a fast-transforming urban market.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

F

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,200 SF

ZONING

R-3

APN/PARCEL ID

5808-0800

ASK ABOUT THIS PROPERTY

Marcus DanielsNAI The Michael Companies, Inc.More Info
301-918-2954

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Marcus DanielsNAI The Michael Companies, Inc.More Info
301-918-2954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.