38.95666 -77.02009

501-503 KENNEDY ST NW Washington, DC 20011

262799998 38.95666 -77.02009 230 /listing/262799998-150474592/501-503-kennedy-st-nw-washington-dc-20011 False 0 2100000.0 0 100 0 DCDC458318 False
  • $2,100,000
  • 0 bd
  • 0.11 lot
  • Est payment $11273.25/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Capital Properties

Single Family in WASHINGTON

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.

Courtesy Of Keller Williams Capital Properties
  1. 0 Beds
  2. 0.11 Lot

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1928
  • Floors: 3
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON
  • Tax Year: 2019
  • Zoning: NON-IZ: 60% lot occupancy and
  • Subdivision: Brightwood
  • MLS Number:DCDC458318

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • None
  • Cooling Fuel:
    • None
  • New Construction:
    • No
  • Water Source:
    • Public
  • Faces:
    • South
  • Lot Description:
    • Level
  • Soil:
    • Urban Land-Sassafras-Chillum
  • Waterfront:
    • No
  • Heating:
    • None
  • Heating Fuel:
    • None
  • Sewer:
    • Public Sewer
  • Water Access:
    • No
  • List Type (Exclusive):
    • Exclusive Right
  • Rental Features:
    • No
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • Immediate
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Rex Reiley
Rex Reiley
Associate
6084 Franconia Rd Suite A Alexandria VA 22310
request more info.
38.95666 -77.02009

501-503 KENNEDY ST NW Washington, DC 20011

262799998 38.95666 -77.02009 230 /listing/262799998-150474592/501-503-kennedy-st-nw-washington-dc-20011 False 0 2100000.0 0 100 0 DCDC458318 False
  • $2,100,000
  • 0 bd
  • 0.11 lot
  • Est payment $11273.25/mo