Washington, DC 20011 523 Kennedy Street NW
$995,000
2 more
Presented By: Equilibrium Realty, LLC
SQFT • 1,580
SQFT • 1,580Home Details
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.
Presented By: Equilibrium Realty, LLC
Interior Features for 523 Kennedy Street NW
Bedrooms
Main Level Bedrooms0
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT40
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area1080
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area500
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNone
Hot WaterNone
General for 523 Kennedy Street NW
Acceptable FinancingCash, Conventional, FHA 203(b), FHA 203(k), Negotiable, Private
AccessibilityNone
Architectural StyleColonial
Bathrooms Count Main Level0.00
Bathrooms Full Main Level
CityWASHINGTON
Condo/Coop Association fee Y/NNo
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyWASHINGTON
Directions5th and Kennedy Northwest
Full Baths
Garage Y/NNo
HOANo
HeatingNone
Home Warranty Y/NNo
Legal SubdivisionPetworth
Levels2
Living Area1580
Lot Size Square Feet2565.00
Lot Size UnitsSquare Feet
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG921.3
Property TypeResidential
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NamePETWORTH
Tax Annual Amount30386.0
Tax Assessed Value606360.0
Tax Lot28
Tax Year2024
Total SQFT1620
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningMU-4
Exterior for 523 Kennedy Street NW
Exterior AmenitiesOther
Foundation DetailsOther
Land Assessed Value480710.00
Land Use Code
Lot Size Acres0.06
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
