$ 745,000
-
$745,000
Price -
0
Bed -
0
Bath -
1,580
SqFt
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About the Listing DRCH1 - 106903
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 Highlights
Status
Active
Days on Site
343
Property Type
Townhome
MLS ®
DCDC2217886
Year Built
1923
Total Square Footage
1,580
Lot/Acreage
0.06
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1080
- Below Ground Sq Ft: 500
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: Mixed-Use (MU) zones provide for mixed-use developments for a broad range of commercial, institutional, and multiple dwellings.
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $30,386
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
523 Kennedy St NW Washington, DC 20011
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