This large 1 bedroom 1 bath unit has all the bells and whistles. In a great location just a few blocks away from Columbia Heights Metro Station and has modern finishes throughout the home. Enjoy hardware flooring in the living area, along with quartz countertops, stainless steel appliances, and modern updates in the bathroom that holds a pedal stool bathtub for soaking! The one bedroom is spacious with THREE closets of which one could be used as a small den/office area. This cooperative also includes private storage unit and free laundry. Live in an area with a walk score of 95 and conveniently stroll down to dining, shopping a groceries at Target. THERE IS NO UNDERLYING MORTGAGE! What more can you want!
This unit is an Affordable Housing Opportunity via City First Homes (CFH). Income to qualify must be less than $120,950 a year for a household of two, a household of 1 must have an income less than $105,850 to qualify and purchase. Offered price is not negotiable, it has been set by CFH based on an appraisal ordered and paid for by them. The appraised value was $340,000.00 and is available upon request. CFH is offering the home at the reduced price of $280,000.00 via a recoverable grant of $60,000.00. The recoverable grant of $60,000.00 is held as a second trust with no additional monthly payment or interest but it is repayable at time of sale.
Contact City First Homes to learn more about the program at cfhomes.org or call 202-745-4490.