Change Real Estate Presents:

523 Kennedy Street
Washington DC 20011

For Sale: $995,000.00 Active

List Date: 2025-08-29

Washington
1,580 build ft2
2,565 land ft2

About This Property

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.

Listing Agent: Shanu T Okwesa. Equilibrium Realty, LLC 202-788-6049 tai@equilibriumrealty.com

Property Features

Location Information
County:
Subdivision: PETWORTH
click to open map in a new window
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: None
Heating: None
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1923
Legal Subdivision: Petworth
Subdivision Name: Petworth
Exterior Features: Other
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Shanu T Okwesa. Equilibrium Realty, LLC 202-788-6049 tai@equilibriumrealty.com

Property Photos [Click to enlarge]

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