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 http://dc.urbanturf.com/articles/blog/dhcd-prepares-for-another-vacant-property-auction/15297
Most Popular... This Week • Last 30 Days • Ever
Here's what you need to know about reporting profit made from the sale of your home.... read »
A final look for the year at the DC neighborhoods where home values rose the most thi... read »
Residential development in this jurisdiction-straddling neighborhood got a major kick... read »
With two additional museums authorized as part of the Smithsonian system, a forthcomi... read »
A new residential development is on the boards in DC and the design is reminiscent of... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
A Tysons development has the area's five tallest buildings on the boards.... read »
Homeowners will be able to expedite the ADU approval process with two options for one... read »
A rezoning may be in the works for the AutoZone site.... read »
The priciest condo to ever sell in DC just closed last week, nearly a month after the... 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