1915 Benning Road NE UNIT6 Second FloorWashington, 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.

Property Information

Property type

Residential

Sub-type

Condominium

Structure type

Townhouse

Year built

1925

Living area

598 Sq Ft

Lot dimensions

0.00 x 0.00

Garage spaces

2

Parking spaces

2

Zoning

RESIDENTIAL

Days on market

251

MLS^® Listing#

DCDC2232576

Property Features

Appliances

Electric Water Heater

Cooling

Central Air · Electric

Heating

Electric · Forced Air · Heat Pump

Basement

Daylight · Full

Pool

None

Parking

Garage Door Opener · On Street · Garage · Off Site · Attached

Construction

Block · Brick · Concrete

Foundation

Brick/Mortar · Concrete Perimeter

Sewer

Public Sewer

Water source

Public

Schools

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Financial Details

HOA

None

Annual taxes

$2,830Tax year 2025

Assessed value

$389,840

Parcel number

4514//2004

Directions

USE GPS TO 19TH AND BENNING.