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Ram Bala

ram.bala@kw.com +1(703) 403-5338

$ 165,000

Est. payment -/mo

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Active

336 ADAMS ST NE #D Washington, DC 20002

2 Beds

1 Bath

UPDATED:

10/22/2024 07:44 PM

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Subdivision Brookland

MLS Listing ID DCDC2111262

Style Unit/Flat

Bedrooms 2

Full Baths 1

Condo Fees $350/mo

HOA Y/N N

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $5,414

Tax Year 2020

Property Description

CASH BUYERS OR PRIVATE FINANCING ONLY. 50% DOWN MIGHT WORK. CALL FOR DETAILS.
For owner occupants only! Income restrictions apply! This is an ADU (Affordable Dwelling Unit.)
See guidelines in the Documents section. 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.

Location

State DC

County Washington

Zoning 027

Rooms

Basement Outside Entrance

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Carpet

Inclusions All "as is" and "where is".

Equipment Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer

Fireplace N

Appliance Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer

Heat Source Natural Gas

Laundry Dryer In Unit, Washer In Unit

Exterior

Amenities Available None

Waterfront N

Water Access N

Street Surface Black Top

Accessibility Other

Parking Type On Street

Garage N

Building

Story 2

Unit Features Garden 1 - 4 Floors

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Trash,Water,Ext Bldg Maint,Lawn Maintenance,Management,Pest Control,Reserve Funds,Snow Removal,Sewer

Senior Community No

Tax ID 3558//0109

Ownership Cooperative

Acceptable Financing Cash, Bank Portfolio, Private

Listing Terms Cash, Bank Portfolio, Private

Financing Cash,Bank Portfolio,Private

Special Listing Condition REO (Real Estate Owned)

Pets Description Case by Case Basis

Listed by Ellen M Levy • RE/MAX Allegiance

Ram Bala

Agent | License ID: 0225064126

+1(703) 403-5338

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Ram Bala

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336 ADAMS ST NE #D Washington, DC 20002

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