$1,400,000

TWO-PARCEL RESIDENTIAL REDEVELOPMENT OPPORTUNITY IN WASHINGTON, DC! Excellent opportunity for investors, builders and developers! This offering includes two contiguous parcels being sold together: 622 I Street NE (Square 0857, Record Lot 0032, Tax ID: 0857//0032) and 622 Rear I Street NE (Square 0857, Record Lot 0113, Tax ID: 0857//0113). BOTH PARCELS CONVEY WITH THE SALE. The property consists of an existing rowhouse on Lot 0032 and a separate vacant alley lot on Lot 0113, zoned RF-1. The rear alley lot contains approximately 3,124 square feet, subject to verification. Under current RF-1 zoning provisions, the property may offer the potential for up to two principal dwelling units on each lot, for a total of four units across both parcels. The front lot presents an opportunity to convert the existing rowhouse into two dwelling units, while the vacant rear alley lot may accommodate new residential construction, subject to applicable zoning regulations, alley access requirements, development standards and permitting. Buyers are encouraged to review the DC Zoning Regulations, including 11 DCMR Subtitle U, and independently verify all development possibilities with the DC Department of Buildings and other appropriate agencies. Property is being sold strictly as-is, with both parcels included in one sale.