$114,000

LOCATION, LOCATION, LOCATION | U STREET CORRIDOR | YOU PAY $50,000 TO PURCHASE | Welcome to this amazing coop in the U Street NW Corridor. This spectacular apartment offers all the luxurious touches required by the most arduous discerning buyer. Features include 1 bedroom, and 1 bath with approximately 570 s/f of living space. Upon entering, you are met with 10’ ceilings, hardwood flooring, clean finishes throughout, energy efficient double pane windows, updated HVAC system, spacious living room, updated kitchen with a gas cooking stove. The home is equipped with SMART Technology which includes a NEST Thermostat. Well maintained building that The building is well maintained and secure. It has undergone a recent lobby facelift and several more scheduled renovations is scheduled for several more improvements. PLEASE NOTE - property is income restrictive. It requires an annual maximum income of no more than $63,000 for one person, $72,000 two persons, and $81,000 for three persons. Although the unit sales for $114,000 to purchase you pay $50,000. Coop fee includes insurance, maintenance, on-site management, taxes, water, gas, trash & snow removal, underlying mortgage (-$64,000) & much more. The monthly coop fee is $1,265. The location has a 98+ walking score. You are blocks from U Street, Bus Boys & Poets, CVS, Yes! Organic Market, Trader Joes, bars, restaurants, shops, gyms, and the U Street Metro Station. This is an excellent opportunity for students looking to live off-campus, first time home buyers, and retired/fixed income buyers.