As part of DC's Department of Housing and Community Development's (DHCD) commitment to clear its backlog of vacant properties, the agency is preparing for another online auction.
Next month, DHCD and Alex Cooper Auction House will make ten properties available for the public to bid on, all with the intention of putting the unused sites on the path to be developed into workforce housing. Last year, 33 vacant and blighted houses, small buildings and unimproved lots were auctioned, grossing $123 million for the city.
Each site has an initial deposit of $5,000 and the bidding will open at $20,000. The bidding opens May 10th. The properties are:
- Unimproved Lot(s):
- Vacant Houses/Buildings:
All of the listings in the Northwest quadrant, and the lots on E Street SE and Forrester Street SW were also included in — and sold during — last year's auction; it is not clear why disposition of those properties was not completed.
Interestingly, each of the vacant houses on Shepherd Street, Channing Street and Adams Street NW have incomplete pop-up additions and prior building permits to convert the properties into two or three units; the Columbia Road property had a previous building permit to repair its three existing units.
Correction: The article previously misidentified the 25th Place NE site as being addressed at 4296; it is at Square 4296, Lot 0041.
This article originally published at https://dc.urbanturf.com/articles/blog/dhcd-prepares-for-another-vacant-property-auction/15297.
Most Popular... This Week • Last 30 Days • Ever
The Washington Nationals great didn't move out of the area, though.... read »
UrbanTurf put together a quick primer on the ins and outs of a home auction.... read »
As the Capitol Riverfront neighborhood nears its development capacity, a new effort p... read »
Foulger Pratt has plans to turn the 12-story office building at 1133 19th Street NW i... read »
The plans for the large new apartment project from Perseus TDC are coming into focus.... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
This Week's Find is one of the more interesting homes in DC's Foxhall neighborhood. ... read »
The mall will be reimagined as a 7-story, 325-unit apartment project with 25,000 squa... read »
While DC's rising home prices have been the story for years, there are some areas of ... read »
Approximately 25% of listings on the market in the city have experienced a price redu... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro