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501-503 Kennedy St Nw, WASHINGTON, DC

$2,100,000 - $2.1M Price - .11 Acres - 25 DOM

INCREDIBLE DEVELOPMENT OPPORTUNITY ON KENNEDY STREET! Two MU-4 lots in an OPPORTUNITY ZONE 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® # DCDC458328
  • Price $2,100,000
  • Bathrooms 0.00
  • Lot Sqft 4,792
  • Type Land
  • Sub-Type Land
  • Status Pending
  • Condo Fee $0

Community Information

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

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 25
  • 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® #DCDC458328)

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

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Capital Park Team are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.

Listing information last updated on May 31st, 2020 at 12:20pm EDT.