523 Kennedy St NW, Washington, DC, 20011
0beds
0baths
1,580sqft
$995,000
$630price/sqft
$5,849/moest. monthly cost
$233,960/yrincome needed
About This Home
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.
Getting Around
77
Very Walkable0
Very Limited Transit79
Very BikeableSchools
6/10
7/10
4/10
Construction
Condition
- Year built: 1923
Materials
- Foundation: Other
- Construction materials: Brick
Type & Style
- Home type: Townhouse
- Architectural style: Colonial
- Property subType: Townhouse
Interior
Basement
- Area: 540
Basement
- Has basement: Yes
- Basement: Unfinished
Features
- Finished area below ground: 500
- Finished area above ground: 1,080
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 1,620
- Total interior livable area: 1,580 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 3207//0028
- Zoning: MU-4
- Zoning description: Mixed-Use (MU) zones provide for mixed-use developments for a broad range of commercial, institutional, and multiple dwellings.
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Exterior features: Other
Lot
- Lot size: 2,565 sqft
- Features: Unknown Soil Type
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes