Not a lease...an unusual offer of a delayed purchase option to create homeownership. Remodeled market rate Co-op Unit is available for Sale (DCDC2097766, $129,900), OR qualified Buyercan enter into 2 or 3 year installment sale agreement to occupy while qualifying to purchase. $1,299 down payment/deposit, $950 monthly pre-settlement use fee, $1,050 use fee in months 13-24 then $1,150. Buyers in good standing after first 12 months, eligible to buy with deferred payment down payment assistance of up to 20% of price ($25,980 max) from Seller (3%annual simple interst charge max $779.40/year). Buyer can seek share loan and apply for HPAP to achieve a lower monthly cost. Coop operating assessent is $210/month (for water, sewer, trash, grounds, halls, commona element mtce, insurance and RE Tax). Requires Installment Purchase agreement (to ensure price and assistance) with Buyer termination and extension rights. Buyer cleans, Seller does normal maintenance, As Is sale.
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Listing Snapshot
Price
$950
Days On Site
698 Days
Bedrooms
1
Inside Area (SqFt)
445 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
N/A
Year Built
1952
MLS® Number
DCDC2165966
Status
Pending
Property Tax
$1,253
HOA/Condo/Coop Fees
$210 monthly
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
11 months ago
Status changed to Pending
11 months ago
Listing updated with changes from the MLS®
2 years ago
Listing first seen on site
General Features
Cross Street
Martin Luther King, Jr. Avenue SE
Levels
Three Or More
Parking
Off StreetOn StreetCommonPavedPermit RequiredParking Lot
Parking Spaces
80
Pets
Breed RestrictionsCats OKDogs OKNumber LimitYes
Property Sub Type
Stock Cooperative
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
445
SqFt Total
445
Style
Converted DwellingUnit/Flat
Utilities
Cable AvailableNatural Gas AvailableWater AvailableElectricity Available
Zoning
RA-2
Interior Features
Appliances
OvenWasherGas Water HeaterDishwasherDisposalWasher/Dryer StackedWater HeaterMicrowaveENERGY STAR Qualified RefrigeratorENERGY STAR Qualified WasherDryer
