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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Listed by Shanu Okwesa • Equilibrium Realty, LLC
$745,000
Est. payment /mo
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1,580 SqFt
Price Dropped by $150K

523 KENNEDY ST NW Washington, DC 20011

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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

Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

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523 KENNEDY ST NW

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