OWNER FINANCING AVAILABLE: 25% DOWNPAYMENT MINIMUM, WITH 5 YEAR BALLOON, 30 YEAR AMORITIZATION 6.5%; MUST HAVE 700 CREDIT SCORE AND INCOME OF 3 TIMES MONTHLY PAYMENT, 3* (PITI+CONDO FEE) VIRTUAL STAGING IN SOME CASES. ONE OF 9 BRAND NEW CONDOS BEING OFFERED BY DEVELOPER--OWNER FINANCING POSSIBLE (INCOME AND CREDIT SCORE REQUIREMENTS). ***ASK ABOUT SELLER/DEVELOPER OFFERING A 2-1 BUY DOWN: FIRST YEAR INTEREST RATE 2 PERCENT LOWER THN MARKET; SECOND YEAR 1 PERCENT LOWER THN MARKET. PREFERRED LENDER IS OFFERING A 1% LENDER CREDIT*** Trolley Lofts Condominiums, brand new condos, 1 mile from RFK Stadium, 1 mile from Union Station--Free Trolley Street car from Condo to Union Station. Special lending opportunities for first time byers avilable. OWNER FINANCING available with 25% Down Payment, 700 Credit Score and houselhold income three times Monthly Mortgage Payment. INTEREST RATE = 5.5 % , WITH 5 YEAR BALOON. 30 YEAR AMORTIZATION. MONTHLY PAYMENT (PI) = $1516/MN (PRIN AND INTEREST) . Location is transitioning with approved RFK Stadium renovated development and many urban amenitites. Free trolley access to Union Station and the Langston Golf Course/Driving Range. Nature lovers have proximity to National Arboretum, Kenilworth Park & Aquatic Gardens. Anacostia River Trail with access to Navy Yard. Pending Condominium Registration with DHCD. One unit is designated for "Inclusionary Zoning," on a lottery basis, pursuant to the District of Columbia "Inclusionary Zoning Program." Photos may not corrspond to the exact unit for sale. Some staging was virtual. Squre footage may nt be exact, but close estimate. TWO PARKING GARGE SPACES AVAILABLE, WITH SEPARATE DEEDS, FOR $25K EACH. THIS UNIT ON FORS FLOOR IS SET ASIDE FOR DC INCLUSIONARY ZONING -LOTTERY RESTRICTIONS. CONTACT CITY FOR DETAILS ON INCOME AND FAMILY SIZE RESTRICTIONS. FOR MARKET BUYERS, NOT IN THE INCLUSIONARY ZONING POOL, THE FOLLOWING CONDITIONS APPLY FOR OWNER FINANCING: OWNER FINANCING AVAILABLE WITH 5 YEAR BALLOON, 30 YEAR AMORITIZATION. MUST HAVE 700 CREDIT SCORE AND INCOME OF 3 TIMES MONTHLY PAYMENT, 3* (PITI+CONDO FEE)
202 days
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64
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4
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Zillow last checked:
Listing updated:
Listed by:
John Solomond703-395-5412,
Jobin Realty
Source: Bright MLS,MLS#: DCDC2232576
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Basement
Area: 0
Heating
Forced Air, Heat Pump, Electric
Cooling
Central Air, Electric
Appliances
Included: Electric Water Heater
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 598
Total interior livable area: 598 sqft
Finished area above ground: 598
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Garage Door Opener, Garage Faces Side, Off Site, Attached, On Street
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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