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616 NE 55th Street NE, Washington, DC 20019
$104,990
616 NE 55th Street NE, Washington, DC 20019View this property at 616 NE 55th Street NE, Washington, DC 20019
616 NE 55th Street NEWashingtonDC20019
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Property Description
Rare Opportunity Alert! Calling all Builders, Investors, and New Construction Aspiring Buyers! Prime Location: Nestled in the heart of Washington, DC, this property occupies a coveted in-fill location strategically positioned between two Metro Stations. Its proximity to downtown and major transportation routes makes it exceptionally convenient for daily commuters and urban explorers alike. Endless Potential: Situated in a burgeoning revitalization area, this property offers a superb opportunity to develop or build a residential masterpiece tailored to your exact needs. The neighborhood's recent transformation has seen a surge in demand, with new single-family homes fetching prices upwards of $550,000. Save and Profit: By purchasing the vacant lot and overseeing the construction yourself, you have the potential to save a substantial amount of money compared to buying a completed property. Moreover, you'll have the satisfaction of creating your dream home while potentially increasing its value over time. Investor's Delight: Savvy investors and builders recognize the incredible return on investment this property offers. With the market on the rise and demand for housing in the area continuing to grow, seizing this opportunity could yield significant returns in the future. Verify and Secure: Prior to making an offer, buyers are encouraged to verify all development possibilities with the appropriate Washington, DC approval agencies. The seller is motivated to close quickly, so don't hesitate to reach out with any questions or schedule a drive-by viewing of the property. Act Now: With its unbeatable location, endless potential, and motivated seller, this property won't last long on the market. Don't miss out on the chance to secure your stake in one of DC's most dynamic neighborhoods. Schedule your viewing today and turn your real estate dreams into reality!
Full Property Details
Full Property Details for 616 NE 55th Street NE
General
- Price: $104,990
- Taxes: $79 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: DCDC2132106
- Updated: 3/15/2024
- Added to Site: 44 day(s) ago
Location
- County: Washington
- Development Name: Deanwood
- Subdivision: Deanwood
- Cross Streets: Nannie Helen Burroughs Ave
- Driving Directions: From Central Ave, turn right on Southern Ave, turn left on Eastern Ave NE, turn left onto Nannie Helen Burroughs Ave NE and left of 55th St
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
- Elementary School: Drew
- Middle School: Kelly Miller
- High School: H.D. Woodson
Utilities
- Sewer: Within 50 FT, Public Septic
- Water: Within 50 FT, Public
- Utility Description: None
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Land/Lot Only
Lot Features
- Property View: Street, Trees/Woods
- Lot Size (Acres): 0.04
- Wooded Acres: 25
- Lot Size (Sq. Ft.): 1,600
- Lot Size Source: Estimated
- Street/Road Desc.: Paved
- Irrigation Comments: None
- Lot Features: Partly Wooded
- Zoning: R
- Lot Description: Partly Wooded
Financial Considerations
- Price Per Sq. Ft.: $65.62
- Assessment Year: 2022
- City/TownTax: $79
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $9,280
- Tax Amount: $79
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Lot Number: 11
Listed by EXIT Right Realty, William Price
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Schools
Schools serving 616 NE 55th Street NE
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
801 Division Ave Ne, Washington, DC 20019 | PK-5 | 0.2 mi | |
301 49th St Ne, Washington, DC 20019 | 6-8 | 0.6 mi | |
540 55th St Ne, Washington, DC 20019 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 616 NE 55th Street NE
Date
Details
Price
Change
Source
3/15/2024
Listed
$104,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 616 NE 55th Street NE
616 NE 55th Street NE, Washington, DC 20019 (MLS# DCDC2132106) is a Lots/Land property with a lot size of 0.04 acres. 616 NE 55th Street NE is currently listed for $104,990 and was received on March 15, 2024. Want to learn more about 616 NE 55th Street NE? Do you have questions about finding other Lots/Land real estate for sale in Deanwood? You can browse all Deanwood real estate or contact a Coldwell Banker agent to request more information.