Listed by Equilibrium Realty
$895,000
523 Kennedy Street
Details
APN 16056385
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,580
Broker Co-Op Yes
Year Built 1923
Buildings 1
Acreage 0.060
Zoning MU-4
Investment Type Redevelopment
Hot Permited Kennedy Street Development Opportunity
Marketing description
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.
Investment highlights
Condo Conversion Opportunity in Petworth DC, on hot Kennedy Street.
Listing Contacts
Listed by Equilibrium Realty
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