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  • $115,000

    3101 Sherman Ave NW APT 103, Washington, DC 20010

    1beds
    523sqft
    Condominium
    Built in 1941
    -- sqft lot
    $173,500 Zestimate®
    $220/sqft
    $305/mo HOA

    What's special

    Investor Alert! And ONLY OPEN to INVESTORS per recorded deed instruments. PLEASE READ VERY CAREFULLY. THIS IS NOT A STANDARD SALE. Property CANNOT BE OCCUPIED as a PRIMARY RESIDENCE. The unit MUST convey with the EXISTING TENANT, who has a quasi-life estate established with DCHD. NOTE --- CASH BUYERS or HARD MONEY. THIS PROPERTY CANNOT BE TRANSFERRED LEVERAGING ANY FANNIE/FREDDIE BACKED LOANS. This tenant CANNOT be vacated and must abide by the terms and conditions of the deed restriction placed on the property. Investor Alert! This unit was fully re-modeled as part of a successful conversion to condos in 2017 and still shows remarkably well. It offer gleaming hardwood-look porcelain tile flooring, gourmet kitchens with SS appliances, quartz counters, in-unit W/D, and ample storage. The building offers low condo fees and is also pet-friendly. Allow for a savvy investor to maximize both immediate cash-flow and long term appreciation. Please contact the listing agent directly for details. CURRENT RENT = $600 a month with an agreed 10% annual increase on Jan 1 . SHOWINGS WILL BE BY APPOINTMENT ONLY TO VERIFIED PURCHASERS.

    Zillow last checked: 7 hours ago

    Listing updated: September 15, 2022 at 12:22pm

    Listed by:

    Yianni KONSTANTOPOULOS 202-957-3339,

    Compass

    Bought with:

    Keisha Gray-Robinson, BR40000296

    Samson Properties

    Source: Bright MLS,MLS#: DCDC2044650MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Basement
    • Area: 523
    Heating
    • Heat Pump, Electric
    Cooling
    • Ductless, Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 523
    • Total interior livable area: 523 sqft
    • Finished area above ground: 0
    • Finished area below ground: 523

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Features: Urban Land Not Rated
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2891//2013
    • Zoning: RF-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Advanced Framing, Brick
    Condition
    • New construction: No
    • Year built: 1941
    • Major remodel year: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington
    • Subdivision: Columbia Heights

    HOA & financial

    Other fees
    • Condo and coop fee: $305 monthly

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium
    Services availability
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