531 Kennedy Street Nw
Washington,
DC
20011
Property Details
| List Price: |
$249,900 |
| Beds: |
2 |
| Baths: |
2 |
| Status: |
Pending |
SqFt: |
850 |
| Agency: |
Compass |
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Description/Comments
| Lot Size: |
-- |
| Property Type: |
Residential |
| Year Built: |
2021 |
| Notes: |
This sexy Brand New 2 bedroom, 2 Bath residence in a pet-friendly condominium is a show stopper. Modern kitchen and bathrooms. Just blocks to everything you need - shopping, grocery, transportation, coffee shops, restaurants, parks and more! A MUST SEE! (This is an IZ affordable housing unit. Buyers need to have completed the DHCD requirements to qualify.)<br />
<br />
Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.<br />
<br />
This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website.<br />
<br />
Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 80% MFI unit, by household size: $82,550 (2 people) $92,900 (3 people) $103,200 (4 people) $113,500 (5 people) Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.<br />
<br />
The unit must remain the owners continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage. |
| MlsNumber: |
DCDC2120944 |
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| Listing Provided By: |
Compass, original listing |
| Name: |
Compass |
| Phone: |
(202) 491-1275 |
| Office Name: |
Compass |
| Office Phone: |
(301) 298-1001 |
| Agent Name: |
D'Ann Lanning |
| Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
