Fairfax Gateway - Jessie Devamithran
1/6
Listing Courtesy Of: Fairfax Realty of Tysons, 7037528660, Lala Ragimov
Local Realty Services Provided By: Keller Williams Capitol Properties
Overview
What It'll Cost
Neighborhood
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$1,650,000
1613 LINCOLN RD NE, WASHINGTON, DC 20002
3,683 sq ft
.05 ac
$1,650,000

1613 LINCOLN RD NE, WASHINGTON, DC 20002

Estimation provided by Keller Williams Realty Inc.
3,683 sq ft
.05 ac
Active
For Sale

Property Description

Shovel-ready 6-unit multifamily development in the thriving Eckington. This grand corner building, zoned MU-4, will be conveyed with approved plans and permits at closing, streamlining the path to development. Ideally positioned at the rapidly transforming intersection of North Capitol St. and Florida Ave, this project offers an efficient and cost-effective renovation scope—interior-only renovations with no additions or underpinning required—reducing both construction costs and complexity.MU-4 zoning not only supports multifamily development but also allows for short-term rentals, maximizing investment potential.An exceptional opportunity for investors and developers looking for a well-located, permit-ready project with minimized development hurdles.

Property Details

Compare This Home
Overview
Property Type
Twin/Semi-Detached
Property Size
3,683 sq ft
Year Built
1905
Days on Site
57 Days
HVAC
Heating: Hot Water, Cooling Fuel: Electric, Heating Fuel: Natural Gas
Parking
Yes
Mithran Group At Keller Williams Realty
Fairfax Gateway
0225199599

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,650,000
Principal + Interest
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Home Insurance
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Price & Tax History

Date
Event
Price
01/30/2025
Listed
$1,650,000
(+83.33%)
03/19/2024
Sold
$900,000
(+486.32%)
02/28/2001
Sold
$153,500
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$8,872
(+7.9%)
$1,043,790
Land 462,960 + Additions 580,830
2021
$8,222
(+3.59%)
$967,350
Land 414,720 + Additions 552,630
2020
$7,938
(+6.14%)
$933,860
Land 398,920 + Additions 534,940
2019
$7,479
(+59.67%)
$879,860
Land 367,970 + Additions 511,890
2017
$4,684
$841,570
Land 352,430 + Additions 489,140
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Eckington
Car-Dependent Walkable Very Walkable
Mithran Group At Keller Williams Realty
Fairfax Gateway
0225199599

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