1915 Benning Rd NE #unit6 Second Floor,WASHINGTON, DC 20002
WASHINGTON, DC 20002
Description
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). OTHER UNITS AVAILABLE ON FIRST FLOOR, SECOND, THIRD, AND 4TH FLOORS (PENTHOUSE UNIT, 2BR, 2BA) 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)OTHER UNITS AVAILABLE IN THE $350K-$450K PRICE RANGE.
Details
| MLS # | DCDC2232576 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Old City 1 |
| HOA Dues | $320 |
| Sub-Type | New Construction |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 255 |
| Listing Provided By | Jobin Realty | John P Solomond |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 598 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 4 |
| Zoning | RESIDENTIAL |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air, Heat Pump - Electric Back Up |
Exterior
| Construction Materials | Block, Brick, Combination, Composition, Concrete |
|---|---|
| Foundation Details | Brick/Mortar, Concrete Perimeter |
Parking
| Garage Yes / No | Yes |
|---|
Taxes
| Tax Annual Amount | 2830 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| Community Name | TRINIDAD |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in TRINIDAD) | |
Price: $355,999 low | high Med: $428,700 sqft: 598 low | high Med: 1,296 $ / sqft: $595 low | high Med: $376 On site: 255 low | high Med: 63.5 | |
Market Activity 20002
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| Community Name | TRINIDAD |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in TRINIDAD) | |
Price: $355,999 low | high Med: $428,700 sqft: 598 low | high Med: 1,296 $ / sqft: $595 low | high Med: $376 On site: 255 low | high Med: 63.5 | |
