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3101 Sherman Avenue NW , #103

WASHINGTON, DC 20010
  • $125,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: DCDC2044650
UPDATED: 38 min ago
$125,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 523
    SQFT
  • $239
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1941
County:

School Ratings & Info

Description

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.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or TALBOT GREENYA GROUP | KELLER WILLIAMS. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-12T20:01:16.893.
www.livelovenorthernva.com/homes/127879174
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3101 Sherman Avenue NW , #103 WASHINGTON, DC 20010

  • Price: $125,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 38 min ago
  • ID#: DCDC2044650
1
Beds
1
Baths
0
½ Baths
N/A
Acres
523
SQFT
$239
$/SQFT
1941
Built
Neighborhood:
Columbia Heights
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
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.
Exterior Features

Architectural Style Converted DwellingContemporary Construction Materials Advanced FramingBrick Garage YN No Other Structures Above GradeBelow Grade Parking Types None Pool No Pool Riparian Rights YN No Soil Types Urban Land Not Rated Unit Building Type Garden 1 - 4 Floors Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Basement Fully Finished Basement YN Yes Below Grade Finished Area 523 Below Grade Unfinished Area 0 Cooling Ductless/Mini-Split Heating Heat Pump(S) Heating YN Yes Levels 1 Main Level Bedrooms 1 Pets Allowed No Pet Restrictions

Property Features

Accessibility Features None Assessment Year 2021 Association Amenities Extra Storage Association Fee Includes SewerTrashWaterOther Association Fee2 305.01 Association Fee2 Frequency Monthly Association YN No Central Air YN No Condo YN Yes Cooling Fuel Electric Entry Level 1 Federal Flood Zone YN No Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Original MLSNumber 801474300838 Ownership Interest Condominium Pets Allowed YN Yes Possession Other Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 1200.00 Tax Assessment Amount 154500.00 Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning Rf-1

Listing courtesy of Compass.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or TALBOT GREENYA GROUP | KELLER WILLIAMS. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-12T20:01:16.893.
 
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