3812 16 Th St S

Highlights:

• Days on Market: 6
• Parking Features: Private
• Heating: Hot Water

Description:

You're buying an APPROVED 6 unit apartment complex.
Seller is a step from receiving the Expanded Housing Option (EHO) Development permit for this lot. No more than thirty (30) R-6 permits are issued a year.
Expanded Housing Option (EHO) Development offers an alternative on single-family residential lots that allows for the construction of duplexes, townhouses, and multifamily buildings that meet the design standards in Arlington County Zoning Ordinance (ACZO)
3812 16th has met the requirements: Minimum Lot Area of 6,000 sq ft and Minimum Lot Width of 60 ft. You'll receive the parcel + home with the EHO Permit, you'll take it from there.
There's a home there now that you can rent till you start demo

3 floors
2 units per floor
Each unit has 3 bedrooms and 2 full bathrooms
Don't miss out! This is VERY RARE and UNIQUE investment in Douglas Park, Arlington

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Listing ID: 804548477556