$ 111,700
-
$111,700
Price -
1
Bed -
1
Bath -
570
SqFt
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About the Listing CBRB106 - 122824
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 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.
Listing Highlights
Status
Active
Days on Site
39
Property Type
Condo
MLS ®
DCDC2245320
Year Built
1908
Total Square Footage
570
Lot/Acreage
N/A
County
Washington
Neighborhood
Old City #2
HOA Dues
1078/Monthly
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 570
- Below Ground Sq Ft: 0
- Basement:
- Other: Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RA-2
- Roof:
- Others: Community Center,Laundry Facilities,Appliance Maintenance,Ext Bldg Maint,Gas,Insurance,Lawn Maintenance,Reserve Funds,Sewer,Snow Removal,Taxes,Trash,Underlying Mortgage,Water
- Sewer: Private Sewer,Public Septic
- Parking Features: On Street
Financial Details
- Tax Amount: $600
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1436 W undefined NW Unit 405 Washington, DC 20009
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