PRICE REDUCTION | U STREET LOCATION | YOU PAY $45,000 TO PURCHASE | Welcome to this amazing coop in the U Street NW Corridor. This spectacular and extremely modern top floor apartment offers all the luxurious touches required by the most arduous discerning buyer. Features include 1 bedroom, and 1… Read More bath with approximately 570 s/f of living space. Upon entering, you are met with 10' ceilings, 4-inch-wide plank hardwood flooring, custom finishes throughout, energy efficient double pane windows, updated HVAC system, spacious living room, updated kitchen with color coded cabinets, with a gas cooking stove, and newly installed countertops and kitchen floor. The home is equipped with SMART Technology which includes a NEST Thermostat. Well maintained building that The building is well maintained and secure. It has undergone a recent lobby facelift and several more scheduled renovations is scheduled for several more improvements. PLEASE NOTE - property is income restrictive. It requires an annual maximum income of no more than $63,000 for one person, $72,000 two persons, and $81,000 for three persons. Although the unit sales for $111,700, to purchase you pay $45,000. Coop fee includes insurance, maintenance, on-site management, taxes, water, gas, trash & snow removal, underlying mortgage (-$66,700) & much more. The purchase price is comprised of two components; $45,000 is due at settlement plus closing cost. This enables the buyer to become a shareholder in the coop. The second component is due monthly similar to rent or a mortgage payment and covers insurance, maintenance, on-site management, taxes, water, gas, trash & snow removal, heat and air conditioning and the underlying mortgage (-$66,700). The monthly payment is approximately $1,078. The total purchase price is $45,000 plus $66,700 or $111,700. The location has a 98+ walking score. You are blocks from U Street, Bus Boys & Poets, CVS, Yes! Organic Market, Trader Joes, bars, restaurants, shops, gyms, and the U Street Metro Station. This is an Eexcellent opportunity for students looking to live off-campus, first time home buyers, and retired/fixed income buyers. Read Less
Courtesy of Alvin D Rice, Coldwell Banker Realty - Washington 202-387-6180
Listing Snapshot
Days Online
1
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
570
Year Built
1908
MLS Number
DCDC2245320
Additional Details
Building
Built in 1908, Living area: 570, Levels: 4, Entry level: 4, Construction Materials: Brick
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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