622 I St Ne, Washington, DC 20002

Property Description

PRIME REDEVELOPMENT OPPORTUNITY IN WASHINGTON, DC! Excellent opportunity for investors, builders, and developers! This offering includes TWO parcels being sold together: 622 I Street NE (Square 0857, Lot 0032, Tax ID: 0857//0032) and 622 Rear I Street NE (Square 0857, Lot 0113, Tax ID: 0857//0113). BOTH PARCELS CONVEY WITH THE SALE. The property consists of an existing rowhouse and a separate vacant rear lot, zoned RF-1. The seller previously obtained an approved building permit for conversion of the existing single-family rowhouse into a three-unit apartment building. Permit B2303493 was issued October 19, 2023, and expired October 19, 2024. Architectural and engineering drawings associated with the previously approved project are available for review. The two parcels may offer additional redevelopment possibilities, including a potential alternative configuration of up to four residential units across both lots, subject to zoning, lot requirements, permitting, and all applicable approvals. The prior three-unit plans contemplated combining the parcels and do not constitute approval for a four-unit development. Great opportunity to explore the development potential of this property in Washington, DC! Buyer is responsible for independently verifying zoning, permitted uses, lot configuration, development feasibility, and whether any prior approvals or plans can be reused. Property is being sold as-is, with both parcels included in one sale.