About 523 Kennedy St Nw
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.
Features of 523 Kennedy St Nw
| MLS® # | DCDC2217886 |
|---|---|
| Price | $745,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,580 |
| Acres | 0.06 |
| Year Built | 1923 |
| Type | Residential |
| Sub-Type | Interior Row/Townhouse |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 523 Kennedy St Nw |
|---|---|
| Subdivision | PETWORTH |
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20011 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
| Stories | 2 |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Other |
| Construction | Brick |
| Foundation | Other |
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | August 29th, 2025 |
|---|---|
| Days on Market | 370 |
| Zoning | MU-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Ownership | Fee Simple |
Listing Details
| Office | Equilibrium Realty, LLC |
|---|---|
| Contact Info | 2029860160 |