Change Real Estate
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523 Kennedy Street

Washington, DC 20011 · Petworth

$745,000

ActiveMLS# DCDC2217886

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Beds

—

Baths

1,580

Sq Ft

0.06

Acre Lot

1923

Year Built

None

HOA

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.

Property Features

Property Type: Residential

Heating: None

Cooling: None

Exterior Features: Other

Architectural Style: ['Colonial']