44-50 Q St NW, Washington, DC 20001

This exceptional investment opportunity is located in the heart of Washington, DC, featuring four contiguous parcels at 44-46-48-50 Q St NW. The offering is fully entitled with all approvals secured and permits issued, allowing for immediate commencement of construction. The approved development plan includes the demolition of an existing two-story church and a two-story residential structure, followed by the renovation of one existing attached residential building and the ground-up construction of three new attached residential buildings. Upon completion, the project will deliver a thoughtfully designed 9-unit residential community with a mix of spacious, modern layouts. The planned unit mix includes: 44 Q St NW (3 units): Unit 1: 2BR / 2BA – 1,240 SF, Unit 2: 2BR / 2BA – 1,229 SF, Unit 3: 4BR / 3.5BA – 2,560 SF; 46 Q St NW (2 units): Unit 1: 3BR / 3.5BA – 2,111 SF, Unit 2: 3BR / 3.5BA – 2,288 SF; 48 Q St NW (2 units): Unit 1: 3BR / 3.5BA – 2,111 SF, Unit 2: 3BR / 3.5BA – 2,286 SF; 50 Q St NW (2 units): Unit 1: 3BR / 3.5BA – 1,964 SF, Unit 2: 3BR / 3.5BA – 2,162 SF. The combined site totals approximately 0.20 acres, with each parcel comprising 0.05 acres. This project presents a rare opportunity for developers to step into a fully approved, permit-ready development in a rapidly growing and highly desirable urban location. The Truxton Circle neighborhood is ideally located adjacent to Shaw and NOMA and is known for its bars, restaurants, coffee shops and parks. It is also very convenient to downtown Washington and other attractions in Northeast and Northwest Washington, DC. The location has a bike score of 97, a walk score of 90, and a transit score of 79.