DC Prepares for Another Vacant Property Auction
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.
story continues below
loading...story continues above
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.
See other articles related to: auctions, blighted properties, department of housing and community development, dhcd, vacant buildings, vacant houses, vacant land, vacant to vibrant
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
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
As a homeowner, it's important to understand the types of insurance you need to prote... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- The Price For A House in The DC Area Hit A New High in April
- What Types of Insurance Do You Need When You Own a Home?
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
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. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro