Contemporary
1307 K STREET SE 101
WASHINGTON, DC 20003
MLS#: DCDC2246958
$129,000
Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
2024
Sq.Footage
418
PRICE REDUCTION OF $20,000!! Showings can only be Mon-Saturday from 9-4pm. No Sunday showings. This is a great 1-bedroom, 1-bathroom IZ unit which is new construction. Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program. It is a modern and spacious apartment providing the perfect living space in a vibrant and convenient location. This unit is designed with your comfort in mind, offering a great living experience with easy access to nearby amenities, transportation, and more. Buyers must meet IZ income requirements. Pursuant to the District of Columbia Inclusionary Zoning program with income restrictions. Please contact the Department of Housing and Community Development at DC DHCD website for further information. The minimum occupancy requirement is at least 1 person per bedroom: Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 80% MFI 1-bedroom unit by household size: $91,800 (1 person); $104,900 (2 people); $118,000 (3 people). The unit must remain the owner’s continued primary residence throughout their ownership. The household must divest any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. Due to software limitations (and due to the fact that we will be advertising to 40k+ people, including renters who may be on the verge of owning), we ask that the buttons be changed to “IZ lottery – yes” and “IZ non-lottery – no” to protect the agent’s email and voicemail space so we can provide ranked waitlist and the agent contact the prospects instead (we will weight those with pre-approval letters and homeownership training at the top, and others lower down to make the best use of time).
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
418.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Heat Pump, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Exhaust Fan, Electric, Heat Pump
-
Main Level Bedrooms
1
-
Pet friendly
Cats OK, Dogs OK, Number Limit, Yes
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
Contemporary
Price
-
Sales Price
$129,000
-
Tax Amount
$1,900
-
Sq. Footage
418
-
Price/SqFt
$308
HOA
-
Association
Yes
-
Association Fee 2
$219
-
Association Fee 2 Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
YES
-
Accessibility Features
Accessible Doors, Accessible Hallway(s)
-
Association Amenities
None
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of Samuel R Davis , Long & Foster Real Estate, Inc.
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AGENT
Rosie Dove
Call Rosie today to schedule a private showing.
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