1000 New Jersey Avenue SE , #1121

Description

INVESTOR FRIENDLY COOP! Lowest priced listing in the building AND in the entire Navy Yard neighborhood!Experience luxurious living in the heart of Navy Yard with this stunning Jr 1 BR - larger than many one bedrooms! With a true price of just $211,500, this home is an incredible investment opportunity that you won't want to miss.Sunny, southern-facing unit. High ceilings and wood floors throughout. Spacious open kitchen that boasts granite counters and stainless steel appliances. In-unit washer and dryer. Large walk-in closet.Whether you're looking for a home, a pied-a-terre, or an investment property, this home is the perfect choice. It can come fully furnished or unfurnished, and the building is pet-friendly and investor-friendly, with a minimum lease term of just 6 months. With only a 10% down payment required, this is a smart and affordable purchase.Capitol Hill Towers offers 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 $113,500 from the sales price for the underlying mortgage, and you'll only pay/finance $211,500! 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 $113,500), and $211 for property taxes.