Not a lease...an unusual offer of a delayed purchase option to create homeownership. Remodeled 1BR Accessible market rate Co-op Unit is available for Sale with conventional financing at the List Price of $129,900, OR based on Listing DCDC2215926, a qualified Buyer can enter into 2 or 3 year installment sale agreement to occupy while qualifying to purchase. Installment plan requires $1,300 down payment/deposit, $1,050 monthly pre-settlement use fee, $1,150 use fee in months 13-24 then $1,250. 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 interest charge max $779.40/year). Buyer can seek share loan and apply for HPAP to achieve a lower monthly cost. Coop operating assessment is $210/month (for water, sewer, trash, grounds, halls, common element mtce, insurance and RE Tax). Requires Installment Purchase agreement (to ensure price and assistance) with Buyer termination and extension rights. Buyer cleans pays elec and gas. Seller does normal maintenance, As Is sale.
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Listing Snapshot
Price
$129,900
Days On Site
413 Days
Bedrooms
1
Inside Area (SqFt)
525 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
N/A
Year Built
1952
MLS® Number
DCDC2215930
Status
Active
Property Tax
$3,481
HOA/Condo/Coop Fees
$210 monthly
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
a year ago
Listing first seen on site
a year ago
Listing updated with changes from the MLS®
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
525
SqFt Total
525
Style
Converted DwellingUnit/Flat
Utilities
Cable AvailableNatural Gas AvailableWater AvailableElectricity Available
Zoning
RA-1
Interior Features
Appliances
OvenWasherGas Water HeaterDisposalWasher/Dryer StackedWater HeaterMicrowaveENERGY STAR Qualified RefrigeratorENERGY STAR Qualified WasherDryer
Cooling
Central AirElectric
Furnished
Unfurnished
Heating
Natural GasForced AirCentral
Interior
Other
Laundry Features
Laundry Room
Main Level Bedrooms
1
Window Features
Window CoveringsScreensENERGY STAR Qualified WindowsWindow Treatments
Bathroom 1
Level - Main
Bedroom 1
Level - Main
Kitchen
Level - Main
Laundry
Level - Main
Living Room
Level - Main
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Exterior Features
Construction Details
Brick
Pool Features
None
Roof
Tar/Gravel
Windows/Doors
Window CoveringsScreensENERGY STAR Qualified WindowsWindow Treatments
