$115,000
$125,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
523 SqFt
SOLD DATE : 09/15/2022
Key Details
Sold Price $115,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 523 sqft
Price per Sqft $219
Subdivision Columbia Heights
MLS Listing ID DCDC2044650
Sold Date 09/15/22
Style Converted Dwelling,Contemporary
Bedrooms 1
Full Baths 1
Condo Fees $305/mo
HOA Y/N N
Originating Board BRIGHT
Year Built 1941
Annual Tax Amount $1,200
Tax Year 2021
Property Description
Investor Alert! And ONLY OPEN to INVESTORS per recorded deed instruments. PLEASE READ VERY CAREFULLY. THIS IS NOT A STANDARD SALE. Property CANNOT BE OCCUPIED as a PRIMARY RESIDENCE. The unit MUST convey with the EXISTING TENANT, who has a quasi-life estate established with DCHD. NOTE --- CASH BUYERS or HARD MONEY. THIS PROPERTY CANNOT BE TRANSFERRED LEVERAGING ANY FANNIE/FREDDIE BACKED LOANS. This tenant CANNOT be vacated and must abide by the terms and conditions of the deed restriction placed on the property. Investor Alert! This unit was fully re-modeled as part of a successful conversion to condos in 2017 and still shows remarkably well. It offer gleaming hardwood-look porcelain tile flooring, gourmet kitchens with SS appliances, quartz counters, in-unit W/D, and ample storage. The building offers low condo fees and is also pet-friendly. Allow for a savvy investor to maximize both immediate cash-flow and long term appreciation. Please contact the listing agent directly for details. CURRENT RENT = $600 a month with an agreed 10% annual increase on Jan 1 . SHOWINGS WILL BE BY APPOINTMENT ONLY TO VERIFIED PURCHASERS.
Location
State DC
County Washington
Zoning RF-1
Rooms
Basement Fully Finished
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Amenities Available Extra Storage
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling, Contemporary
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Sewer,Trash,Water,Other
Senior Community No
Tax ID 2891//2013
Ownership Condominium
Special Listing Condition Standard
Pets Description No Pet Restrictions
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Bought with Keisha Gray-Robinson • Samson Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "