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501-503 Kennedy St Nw, WASHINGTON, DC

$2,100,000 - $2.1M Price - .11 Acres - 23 DOM

INCREDIBLE DEVELOPMENT OPPORTUNITY ON KENNEDY STREET! Two MU-4 lots in an OPPORTUNITY ZONE at 501 and 503 Kennedy St NW with a total of 4632 sq ft lot size, up to 13,896 sq ft allowed above ground, are available in the vibrant and dynamic Kennedy Street corridor. Qualified investments may have all future gain TAX-FREE using the new tax laws; consult your tax advisor. Current sale prices per square foot are $450-550, so do the math-- there is up to $8.5M in revenue possible with this project (not guaranteed). The area is on fire with new development, restaurants, bars and even a grocery store just half a block away. DO NOT MISS THIS OPPORTUNITY to make your mark on the Kennedy Street landscape! Properties sold As-Is and no seller financing will be considered- cash due upon settlement.

Essential Information

For 501-503 Kennedy St Nw, WASHINGTON, DC
  • MLS® # DCDC458318
  • Price $2,100,000
  • Bathrooms 0.00
  • Lot Sqft 4,792
  • Year Built 1928
  • Type Residential
  • Sub-Type Semi-Detached
  • Style Federal
  • Status Active
  • Condo Fee $0

Community Information

For 501-503 Kennedy St Nw, WASHINGTON, DC
  • Address 501-503 Kennedy St Nw
  • Subdivision BRIGHTWOOD
  • City WASHINGTON
  • County WASHINGTON-DC
  • State DC
  • Zip Code 20011

Interior

For 501-503 Kennedy St Nw, WASHINGTON, DC
  • Heating None
  • Cooling None
  • Has Basement Yes
  • # of Stories 3
  • Stories 3

Basement

For 501-503 Kennedy St Nw, WASHINGTON, DC

Connecting Stairway, Full, Poured Concrete

Exterior

For 501-503 Kennedy St Nw, WASHINGTON, DC
  • Exterior Brick and Siding
  • Lot Description Level

School Information

For 501-503 Kennedy St Nw, WASHINGTON, DC

District

For 501-503 Kennedy St Nw, WASHINGTON, DC

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

For 501-503 Kennedy St Nw, WASHINGTON, DC
  • Date Listed February 11th, 2020
  • Days on Market 23
  • Zoning MU-4

Listing Details

For 501-503 Kennedy St Nw, WASHINGTON, DC

Office

For 501-503 Kennedy St Nw, WASHINGTON, DC

Keller Williams Capital Properties

Price Change History for 501-503 Kennedy St Nw, WASHINGTON, DC (MLS® #DCDC458318)

Date Details Change
Status Changed from Pending to Active
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract

© 2020 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Capital Park Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Capital Park Realty are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Listing information last updated on July 12th, 2020 at 1:51pm EDT.