Property Attributes
- MLS#DCDC2111262
- TypeContingent
- CountyWASHINGTON
- CityWashington
- NeighborhoodBrookland
- Zip20002
- StyleUnit/Flat
- Year Built1925
- Taxes$ 5414
- Price$ 165,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
Data Source:
Bright MLS
Property Description
Welcome to a unique opportunity to own a spacious two-bedroom co-operative apartment in the heart of a rapidly gentrifying area in Washington, D.C. Priced at an astonishingly low $165,000, this exceptional unit provides an affordable gateway into the bustling capital city. Situated in a vibrant neighborhood with easy access to public transportation, including two Metro stations, this co-op offers a remarkable combination of location, size, and value that is truly a one-time opportunity of a lifetime. Property Overview: Price: $165,000 Monthly Fee: $350 Square Footage: Approximately 950 sq. ft. Bedrooms: 2 Bathrooms: 1 Monthly Savings with Solar Panels: Approx. $80 Neighboring 2 BR Units: Priced upwards of $550,000 Affordability: The price of this co-op is a rare gem in a city known for its high living costs. With an asking price of $165,000, this unit provides a unique chance to own property in one of the nation's most sought-after cities at a fraction of the cost. What's more, the monthly fee of just $350 is significantly lower than the average in the area. Monthly Savings: Imagine saving an additional $80 per month on your electric bills, thanks to the recently installed solar electric panel system. This upgrade not only helps you reduce your carbon footprint but also puts money back in your pocket. It's a win-win for your wallet and the environment. Size and Layout: This co-op, boasting approximately 950 square feet of space, offers generous room for comfortable living. The layout includes two spacious bedrooms, a full bathroom, a well-maintained kitchen, and a welcoming living room with a large bay window that fills the space with natural light. Bedrooms and Storage: Both bedrooms in this unit are well-proportioned and offer good closet space. The larger bedroom, located at the rear of the unit, overlooks a private deck, creating a serene retreat within the city. Whether you're starting a family or simply need extra space, this co-op can accommodate your needs. In-Unit Laundry: Enjoy the convenience of a full-size washer and dryer right in your own home. No more trips to the laundromat or shared laundry facilities this co-op provides the ease and comfort of in-unit laundry. Kitchen and Bath: The kitchen is in excellent shape, ready for your culinary creations. The full bathroom is also well-maintained, offering all the essential amenities for your daily routines. Home Ownership Opportunity: This co-op is an exceptional opportunity for an owner occupant looking in an area undergoing rapid gentrification. Similar two-bedroom units in neighboring buildings are selling for upwards of $550,000, making this unit a rare and valuable opportunity to build equity while enjoying affordable living. Maintenance Required: Please be aware that this apartment is bank-owned and, as such, requires a bit of TLC. A fresh coat of paint and new carpet or other flooring will go a long way in transforming this space into your dream home. A few minor repairs are also needed, but with some love and attention, this co-op can become the perfect place to call your own. Seller strongly prefers settlement at National Capital Title, which already has title work.
Price History | |
---|---|
9/9/2023 | Listed $165,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Possession | Settlement |
Appliances | Disposal,Dryer,Oven/Range - Gas,Refrigerator,Washer |
Zoning | 027 |
Pool Y/N | No Pool |
Association Fee Includes | Common Area Maintenance,Trash,Water,Ext Bldg Maint,Lawn Maintenance,Management,Pest Control,Reserve Funds,Snow Removal,Sewer |
Architectural Style | Unit/Flat |
Construction Materials | Brick |
Year Built | 1925 |
Levels | 2 |
Unit Number | D |
Tax Year | 2020 |
Percent Ownership | Cooperative |
Cool Fuel | Natural Gas |
Contingency Type | Home Inspection,Association/Board Approval |
Building Name | THE ADAMS STREET COOPERATIVE |
Accessibility | Other |
HOA Fee 2 | 350.00 |
County | WASHINGTON |
New Construction | No |
Property Type | Residential |
Association Amenities | None |
HOA / Comm Assn | No |
Subdivision Name | BROOKLAND |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Transportation | Metro/Subway Station less than 1 mile |
Status | ACTIVE UNDER CONTRACT |
Directions | Rhode Island Ave NE to 4th St NE. North on 4th St. First left is Adams St. |
ModificationTimestamp | 2024-04-18T16:18:18 |
City | WASHINGTON |
Buyer Agent Compensation | 2.5 |
Disclosures | Lead Based Paint - Federal,Lead Based Paint - State |
Senior Community Y/N | No |
Total Units | 4 |
Tax Assessed Value | 640180.0 |
Waterfront Y/N | No |
Street Name | ADAMS |
HOA Fee 2 Frequency | Monthly |
Tax Annual Amount | 5414.0 |
Home Warranty Y/N | No |
Property Condition | Good |
Structure Type | Unit/Flat/Apartment |
Condo/Coop Association Y/N | Yes |
Bathrooms Full Main Level | 1 |
Bathrooms Count Main Level | 1.00 |
Acceptable Financing | Cash,Bank Portfolio,Private |
Historic Y/N | No |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 152 |
AssociationName2 | Adams Street Cooperative |
Standard Status | Active Under Contract |
Year Built Source | Estimated |
Legal Subdivision | Brookland |
Tax Lot | 109 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Outside Entrance |
Flooring | Carpet |
Hot Water | Natural Gas |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 1 |
Street Suffix | STREET |
Central Air Y/N | Yes |
Total Bedrooms | 2 |
Entry Level | 2 |
Main Level Bedrooms | 2 |
Below Grade Finished Area Unit Type | Square Feet |
LivingAreaSource | Estimated |
Laundry Type | Dryer In Unit,Washer In Unit |
Below Grade Unfin Area Units | Square Feet |
Below Grade Unfin SQFT Source | Estimated |
Below Grade Finished Area Source | Estimated |
Above Grade Finished Area Source | Estimated |
Above Grade Finished Area Unit Type | Square Feet |
Total Baths | 1 |
Exterior Features
Water Source | Public |
---|---|
Inclusions | All as is and where is . |
Type of Parking | On Street |
Spa | No |
Water View Y/N | No |
Road Surface Type | Black Top |
Soil Types | Unknown |
Land Assessed Value | 254800.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool