$350,000

*DC HOUSING AUTHORITY AUCTION* List price is opening bid. Online Auction Only! Bidding begins Saturday, May 16th and ends Thursday, May 21, 2026 at 12:00 PM. Alex Cooper Auctioneers has been engaged by the District of Columbia Housing Authority to sell at auction an exceptional value-add opportunity in the heart of Washington, DC. Located in the vibrant Old City 2 neighborhood, this property presents a prime redevelopment project for investors, developers, or end-users seeking to customize a home to their exact specifications. The property is currently a shell in need of full rehabilitation. According to tax records the existing structure offers approximately 2,104 ± square feet above grade and 632 ± square feet below grade. Situated on a 0.05 ± acre lot and zoned RF-1, the property allows for low-density residential development, including single-family homes and potential condo conversion opportunities consistent with zoning regulations (buyer to verify). Below is an excerpt from the DC Zoning Handbook on RF-1 Zoning: "The purpose of the RF-1 zone is to provide for areas predominantly developed with row houses on small lots within which no more than two (2) dwelling units are permitted. In the RF-1 Zone, 2 dwelling units may be located within the principal structure or 1 each in the principal structure and an accessory structure." The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer or the owner make any representations or warranties with respect to the accuracy of information.