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Ruma Sikka
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Direct Office:
202-365-2304
ruma.sikka@
gmail.com
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FOR SALE
$2,100,000

501-503- Kennedy Street NW
Washington, DC 20011

Single Family
Residence
0.11
Acre Lot
1of
Photos
Map
Courtesy: Keller Williams Capital Properties
brightmlshomes.com> District of Columbia> Washington> 20011
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.
DCDC458318
Single Family, Federal
WASHINGTON
1928
0.11 Acres
Public Water Service
Brick
Public Sewer
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Data Provided by Onboard
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Keller Williams Capital Properties
This content last refreshed on 9/18/2020 6:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.