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Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Subdivision Palisades
MLS Listing ID DCDC2263026
Style Contemporary
Bedrooms 1
Full Baths 2
Condo Fees $588/mo
HOA Y/N N
Year Built 1955
Annual Tax Amount $60
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
INCREDIBLE FINANCING ADVANTAGE — potential loan assumption opportunity with an estimated interest rate around 3.1% for qualified buyers, or utilize DSCR financing for investor-focused acquisition strategies. Opportunities like this are becoming increasingly difficult to find in today's market.
This versatile residence offers approximately 970 square feet of living space with a large primary bedroom, multiple flex-use dens, two full bathrooms, generous closet space, and excellent natural light throughout. The flexible floorplan creates multiple possibilities for owner-occupants, investors, roommates, work-from-home professionals, or future value-add enhancements.
Updated features include granite countertops, stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, and fresh paint throughout. Pet-friendly building with secure entry, elevator access, bike storage, laundry facilities, and shared outdoor space.
Located in the highly sought-after Palisades community — just minutes from Georgetown University, American University, downtown DC, major hospitals, parks, restaurants, coffee shops, Metrobus access, and commuter routes.
Strong location. Existing income. Attractive financing possibilities. Long-term appreciation potential.
Perfect for:
• Buy-and-hold investors
• First-time investors
• 1031 exchange buyers
• International investors
• House-hack strategies
• Parents purchasing for students or professionals
• Long-term wealth-building portfolios
Location
State DC
County Washington
Zoning MU-3A
Rooms
Main Level Bedrooms 1
Interior
Interior Features Breakfast Area, Other
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Flooring Wood
Equipment Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
Fireplace N
Appliance Built-In Microwave, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available
Amenities Available Common Grounds, Extra Storage, Storage Bin
Water Access N
View Street, Scenic Vista, Other
Accessibility 32\"+ wide Doors, 36\"+ wide Halls, Kitchen Mod, No Stairs
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Septic
Water Public
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Key
Middle Schools Hardy
High Schools Jackson-Reed
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include All Ground Fee,Common Area Maintenance,Laundry,Lawn Care Side,Lawn Maintenance,Insurance
Senior Community No
Tax ID 1418//2040
Ownership Condominium
Acceptable Financing FHA, Conventional, Cash, Contract
Horse Property N
Listing Terms FHA, Conventional, Cash, Contract
Financing FHA,Conventional,Cash,Contract
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Nearby Locations
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