Good Deal or Not? “Pet friendly bldg” edition (reader request)

612 14th Place Northeast

This unit is located at 612 14th Place, Northeast:


The listing says:

“Bright, beautiful & open 1 BR / 1 BA condo in prestigious Capitol Hill. Hardwood floors throughout, stainless steel appliances. With washer and dryer in unit. PLUS patio & off-street PARKING spot in rear. Pet friendly bldg. Great condition & low monthly condo fee.”

You can see a virtual tour here.

This 1 bed/1 bath is going for $299,000 ($235 monthly fee.)

8 Comment

  • Great Deal, its a nice quite street. Considering the house on 15th St the next block over, just sold for 600k this will be bid up. Condo fee still to high though for what u are getting for it.

  • Terrible deal. First, this is not “prestigious Capitol Hill.” The historic district that is Capitol Hill ends at 12th Street NE. Second, you’re three blocks from the “Starbust” intersection, which is neither “prestigious” nor safe. If you’re prone to doubt, go spend some time there after midnight! Perhaps it will be a good deal in five-to-ten years, but then the asking price will be in the low $400s. And so it goes with DC real estate!

    • I wouldn’t say it is terrible. As the first poster said, it is a nice quiet street. Most of the “good stuff” on H st is less than a 5 minute walk away. Not a great deal, but in line with the market.

    • If you buy it for $300k now and can sell it for $400+ in 5-10 years that’s a pretty good profit. The area is really not bad at all and will only be getting better. You might be able to rent out the parking spot, too, if you’re not using it.

  • Ha, prestigious – I love RE agents. 1 bed 1 bath for $300k with additional condo fees is NOT a good deal in this location. As one person said it’s close to the cool bars on H Street but …

    • Awaiting your linked proof that you can find a 1 BR 1 BA for less than this in this area.

      • Yeah, I can’t imagine there are a lot of condos for less than $300k around here. And the condo fees look reasonable.

      • In order for it to be a true comparison if would also have to have parking and some private outdoor space. I’m not sure if it’s common for condo buildings to allow pets but that seems like it would be an asset too.

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