523 KENNEDY ST NW, Washington, DC 20011
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523 KENNEDY ST NW, Washington, DC 20011
523 KENNEDY ST NW, Washington, DC 20011
523 KENNEDY ST NW, Washington, DC 20011
523 KENNEDY ST NW, Washington, DC 20011
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John Logan

John Logan

+1(443) 676-6030
Listed by Shanu Okwesa • Equilibrium Realty, LLC
$ 745,000
Est. payment /mo
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Price Dropped by $150K

523 KENNEDY ST NW Washington, DC 20011

1,580 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,580 sqft

Price per Sqft $471

Subdivision Petworth

MLS Listing ID DCDC2217886

Style Colonial

HOA Y/N N

Abv Grd Liv Area 1,080

Year Built 1923

Annual Tax Amount $30,386

Tax Year 2024

Lot Size 2,565 Sqft

Acres 0.06

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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.

Location

State DC

County Washington

Zoning MU-4

Rooms

Basement Unfinished

Interior

Hot Water None

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Other

Above Ground Finished SqFt 1080

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 3207//0028

Ownership Fee Simple

SqFt Source 1580

Acceptable Financing Cash, Conventional, FHA 203(b), FHA 203(k), Negotiable, Private

Listing Terms Cash, Conventional, FHA 203(b), FHA 203(k), Negotiable, Private

Financing Cash,Conventional,FHA 203(b),FHA 203(k),Negotiable,Private

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

John Logan

John Logan

Team Leader | License ID: 661163

+1(443) 676-6030

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523 KENNEDY ST NW