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2326 NICHOLSON ST SE
Washington, DC 20020
Quick Facts
- Bedroom:4
- Baths:2
- Area:2633sq ft
- Style:Tudor
- Year Built:1907
- Lot Size:0.1 acres
Description:
PRIME DEVELOPMENT OPPORTUNITY! Just 2 miles south of the recently announced $2.7 billion redevelopment of the 180 acre RFK campus, this unassuming tear down single family home carries the coveted RA-2 (Residential Apartment) zoning that touts a 1.8 floor area ratio that would potentially allow this 4,500 SF (30’x150’) rectangular lot to support 8,100 SF (4,500 x 1.8) of residential development that includes a 50-feet height restriction (4 floors @ 2,025 SF per floor) not including a rooftop deck structure. Ideally situated just one block off of Pennsylvania Avenue, it’s after repair value could easily exceed $3M (e.g. (8) - 1,000 SF 2BR, 2BA condos at $400K each = $3.2M) and is supported by recent sales across the street where the 968 SF 2305 Nicholson St SE #205 2BR 2BA condo sold for $460K in February this year. Location just far away enough from the hustle and bustle of the new RFK development but close enough proximity for maximum appreciation potential!
| Status | Active |
| Added to RealtyWatch | May 21, 2025 - 48 days ago |
| Listing Office | Keller Williams Realty, Deborah K Reynolds |
| MLS ID | DCDC2198408 |
Schedule a Showing
Interior
- Basement: Full
- A/C: Central A/C
- Heating: true, Forced Air, Natural Gas
- Disability Feature: None
Exterior
- General: Above Grade, Below Grade
- Style: Tudor
- Other Structures: Porch
Construction
- General: Brick, 2, Other
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: RA-2, 5560//0006
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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