Endless Possibilities in LeDroit Park 319 Elm St NW Positioned in one of DCs most sought-after historic enclaves, this property offers an ideal canvas for visionaries, investors, or homeowners ready to craft something exceptional. While the existing homebuilt in 1906, with roughly 1,326 sq ft of living space and 3 bedrooms/1 bathrequires complete renovation, the true value lies in its location and the opportunity it presents. Prime Location & Neighborhood Vibe Nestled on Elm Street and within steps of LeDroit Park, this residence places you in a charming, tree-lined setting known for its architectural richness and proximity to vibrant city amenities. With easy access to transit, dining, parks and the energy of the surrounding Shaw-Howard corridor, youll enjoy both the tranquility of the neighborhood and the momentum of a revitalizing urban area. Development Potential to Ignite Imagination The transformation possibilities are endless! Whether you envision a full restoration of the historic home, a custom new build, or a creative redevelopment plan (check zoning and permitting), the property offers flexibility. The property sits on a lot of about 1,174 sq ft ( 0.03 acres) with ample scope to reimagine the space. Think: expand the footprint, seperate for condos, add accessory dwelling units (ADUs), or create additional living or rental spacesubject to zoning review, district rules and permit approvals. For savvy investors or build-to-suit buyers, this is a rare chance to capture upside in a neighborhood where quality and character matter. Historic Charm Meets Future Value While the interior needs full renovation, that gives the incoming buyer freedom to design and upgrade to modern standardsnew systems, modern finishes, smart-home featureswhile maintaining the classic character of the 1906 structure. Combine that with the high-demand LeDroit Park location, and you have both lifestyle appeal and potential value appreciation.