1410 Meridian Pl Nw, Washington, DC 20010
Local realty services provided by:ERA Central Realty Group
1410 Meridian Pl Nw,Washington, DC 20010
$700,000
- 3 Beds
- 1 Baths
- 1,376 sq. ft.
- Townhouse
- Active
Listed by: robert c morris iii, russell carter
Office: keller williams capital properties
MLS#:DCDC2231594
Source:BRIGHTMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$508.72
About this home
Public Remarks: Auction Property. In Cooperation with Alex Cooper Auctioneers. List price is Opening Bid At The Online Only Auction Sale To Be Held on The Auctioneers Website – Bidding begins Thursday, December 4th & ends Tuesday, December 9th, 2024 at 2:00pm. Prime Development Opportunity: 10-Unit Permit Delivered At Closing - Discover a unique investment opportunity in Columbia Heights. Two adjacent properties, 1410 and 1412 Meridian Place, offer the potential to construct a combined 10-unit building. The 5-unit, per building, plans are currently in the final stages of review, and will be delivered at closing.
Key Features:
Prime Location: Ideal for residential development - • High ARV: Attractive returns on investment - • "As-Is" Sale: Flexibility in development plans. For detailed information, including budgets, plans, and drawings, please visit the documents section. Don't miss this chance to capitalize on this exceptional development opportunity. 1410 Meridian: Improved by a 1,376+/- SF townhome. 1412 Meridian Improved by a 1,790+/- SF townhome.
Projected Condo Project: EXIT STRATEGY 1 - Unit 1 - 654sf - 2 Bed - Unit 2 - 598 sf - 2 Bed - Unit 3 - 570 sf - 2 Bed - Unit 4 - 631 sf - 1 Bed + Den - Unit 5 (PH) - 853 sq sf- 3 bed - 3306 sq ft total for each building - Total ARV 2,550,398.29. @ $750/sq ft - EXIT STRATEGY 2 - Rent = Avg Rent $3420 / unit - Annual rent = $205,200 - Net Rent (after 25% expenses) = $153900 - ARV (@ 6% cap) = $2,565,000 - Projected Construction Cost:
Acquisition Cost $1.000,000; for each - Construction Cost: $578,985 ($175 per s/f x 3,306 s/f of living area);Paid Fees (4%): $101,950; Carrying Cost (6%): $99,000 (12 months); Plans & Permits: $30,000 Legal Fees: $10,000 Total Acquisition/Construction Cost: $1,996,000.
Contact an agent
Home facts
- Year built:1910
- Listing ID #:DCDC2231594
- Added:26 day(s) ago
- Updated:December 10, 2025 at 02:38 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,376 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1910
- Building area:1,376 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$508.72
- Tax amount:$10,800 (2025)
New listings near 1410 Meridian Pl Nw
- Coming SoonOpen Sat, 12 to 2pm
$775,000Coming Soon2 beds 2 baths1610 11th St Nw #3b, WASHINGTON, DC 20001
MLS# DCDC2229788Listed by: RLAH @PROPERTIES - Coming SoonOpen Sun, 1 to 3pm
$1,199,000Coming Soon4 beds 5 baths3206 Morrison St Nw, WASHINGTON, DC 20015
MLS# DCDC2234406Listed by: WASHINGTON FINE PROPERTIES, LLC - New
$359,900Active2 beds 2 baths800 sq. ft.1372 Bryant St Ne #2a, WASHINGTON, DC 20018
MLS# DCDC2234624Listed by: SAMSON PROPERTIES - New
$2,200,000Active2 beds 3 baths2,904 sq. ft.901 26th St Nw, WASHINGTON, DC 20037
MLS# DCDC2234614Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY - New
$2,995,000Active3 beds 4 baths3,123 sq. ft.2708 P St Nw, WASHINGTON, DC 20007
MLS# DCDC2233514Listed by: WASHINGTON FINE PROPERTIES, LLC - Coming Soon
$899,999Coming Soon5 beds 2 baths907 Lawrence St Ne, WASHINGTON, DC 20017
MLS# DCDC2234018Listed by: KELLER WILLIAMS CAPITAL PROPERTIES - New
$329,000Active2 beds 1 baths850 sq. ft.4803 Bass Pl Se, WASHINGTON, DC 20019
MLS# DCDC2234178Listed by: COTTAGE STREET REALTY LLC - Coming Soon
$449,900Coming Soon3 beds 2 baths1848 Capitol Ave Ne, WASHINGTON, DC 20002
MLS# DCDC2234288Listed by: COLDWELL BANKER REALTY - WASHINGTON - New
$550,000Active3 beds 3 baths1,201 sq. ft.501 Longfellow St Nw #b, WASHINGTON, DC 20011
MLS# DCDC2234450Listed by: COMPASS - Open Sun, 1 to 4pmNew
$775,000Active3 beds 2 baths1,216 sq. ft.3210 Quesada St Nw, WASHINGTON, DC 20015
MLS# DCDC2233854Listed by: TTR SOTHEBY'S INTERNATIONAL REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.