1000 NEW JERSEY AVE SE #1121 Active

Washington,DC 20003

$ 325000

0 Bed

1 Bath

562 SqFt


Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 562 sqft

Price per Sqft $578

Subdivision Navy Yard

MLS Listing ID DCDC2131020

Style Contemporary

Full Baths 1

Condo Fees $487/mo

Year Built 2006

Annual Tax Amount $661,537

Tax Year 2017

Property Description

With a true price of just $213,956, 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 unit 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 $213,956! Plus, ALL PROPERTY TAXES are paid through the Co-op. The total monthly payment to the Co-op is just $1,136, including $438 for the association fee, $487 for the mortgage payment (on the $111,044), and $211 for property taxes.

Location

State DC

County Washington

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions Furniture Conveys

Equipment Washer/Dryer Hookups Only,Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Washer

Laundry Dryer In Unit,Washer In Unit,Has Laundry

Exterior

Amenities Available Concierge,Elevator,Exercise Room,Fitness Center,Hot tub,Meeting Room,Party Room,Picnic Area,Pool - Indoor,Shuffleboard,Swimming Pool

Waterfront N

Water Access N

View Courtyard

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type 9'+ Ceilings,High

New Construction N

Schools

Elementary Schools Amidon-Bowen

Middle Schools Jefferson Middle School Academy

School District District Of Columbia Public Schools

Others

Special Listing Condition Standard

Pets Description Dogs OK,Cats OK

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