523 Kennedy St Nw, Washington, DC 20011
- $745,000
- 1,080
- SqFt
- List Price
- $745,000
- Price Change
- ▼ $150,000 1784850647
- Days on Market
- 332
- Status
- ACTIVE
- MLS#
- DCDC2217886
- Living Area
- 1,080
- Lot Size (Acres)
- 0.06
- Style
- Colonial
- Year Built
- 1923
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
Opportunity Zone. MU-4 zoned rehab property to be delivered with stamped plans and approved permits for 7-unit buildout in Petworth on the hot Kennedy Street Corridor. Perfect for condo conversion. Approved plans are for buildout of a 5-level luxury building plus penthouse, as follows: (4) 1BR/1BA, (1) 2-level 1BR/2BA with Den and loft, (1) 2-level 2BR/2BA and (1) 2-level 3BR/2.5BA. This asset is located in an Opportunity Zone with lots of development in the area and is eligible for significant federal tax benefits for redevelopment investors. The architectural plans are available upon request.
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Additional Information
- Subdivision
- Petworth
- Taxes
- $30386
- School District
- District Of Columbia Public Schools
- Exterior Features
- Other
- Heating
- None
- Heating Fuel
- None
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Equilibrium Realty, LLC. Contact: 2029860160