Awaiting offers

1000 New Jersey Avenue SE Unit 1121, Washington, DC 20003

Bath
1
Sqft
562

Review the standard terms that are negotiable for this listing. Seller will consider all offers, including those with additional terms. Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

RLAH @properties
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Overview

With a true price of just $203,956, this home is an incredible investment opportunity that you will not want to miss. Hard to find....INVESTOR & PET FRIENDLY COOP with in-unit washer and dryer and unbeatable amenities! This is the LOWEST priced studio for sale in the Navy Yard neighborhood.

Experience luxury living in this spacious, sunny, southern-facing unit. High ceilings and wood floors throughout. The open kitchen boasts granite counters and stainless-steel appliances. Large walk-in closet.

Whether you are looking for a home, a pied-a-terre, or an investment property, this home is the perfect choice. With only a 10% down payment required, this is a smart and affordable purchase.

Unbeatable amenities, including a 24-hour concierge, expansive fitness center, indoor pool and hot tub for year-round enjoyment, contemporary resident lounge and club room for entertaining, manicured courtyard complete with gas grills and multiple dining/seating areas, and a complimentary Starbucks coffee bar.

Whole Foods, Nationals Park, Navy Yard Metro station, Yards Park, Restaurant Chloe, District Winery, Albi, The AC Hotel, Smoke and Mirrors, and many more restaurants and amenities within a few blocks.

While the financials are structured differently than a traditional condo, the monthly total is the same or less than a condo of the same price. Deduct $111,044 from the sales price for the underlying mortgage, and you'll only pay/finance $203,956! Plus, ALL PROPERTY TAXES are paid through the Co-op. The total monthly payment to the Co-op is just $1,170, including $451 for the association fee, $487 for the mortgage payment (on the $111,044), and $232 for property taxes.

Location

Terms

  • Delivery of Documents

    • The number of hours that buyer has to deliver a completed sales contract to the listing agent if they make the Winning Offer.

  • Earnest Money Deposit

    • The amount of earnest money that buyer will deposit towards the purchase of the property, when the earnest money is due, and who the escrow agent will be.

  • Settlement

    • The date for when settlement is to occur and who the settlement agent will be.

  • Financing Contingency

    • Whether buyer will include or waive the financing contingency.

  • Home Inspection Contingency

    • Whether buyer will include or waive the home inspection contingency.

  • Appraisal Contingency

    • Whether buyer will include or waive the appraisal contingency.

Full feature list

Basic info

Number of bathrooms
1
Square feet
562
Year built
2006
Property type
Condo/Co-op

Utilities

Heating
Forced air, Electric
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$487

Taxes

Tax Annual Amount (2017)
$661,537

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: DCDC2131020 Last checked:

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