GDoN “9 1/2 ft ceilings” edition (reader request)

This unit is located at 2000 16th Street, Northwest. The listing says:

“Updated 2BR/2BA in one of DC’s top locations. Remodeled kitchen w/ granite counters, SS appliances and ample cabinet space. Updated baths, 9 1/2 ft ceilings, w/d in unit, hardwood floors. Building is pet friendly, has bike parking, extra storage. Blocks to Metro and all that Dupont, Adams Morgan, and U St have to offer! OPEN HOUSE 8/2 1-4PM. Ask about: KVS $500 buyer credit. OWNER-OCCUPANTS ONLY.”

You can see more photos here.

This 2 bed/2 bath is going for $479,000 ($581 monthly fee.)

11 Comment

  • Not a bad price given the location/size, although the HOAs are a little high. BUT – Owner Occupants Only?! If that’s in the HOA agreement, I wonder what other unfavorable terms it contains..

    • The building is probably rented to capacity as allowed according to the bylaws so the board is not approving any new rentals.

      • From what I understand, new owners can rent their unit after occupying it for at least 2 years subject to board approval.

  • Seems ~10% underpriced. However, as mentioned below (owner occupancy only) it appears we don’t have all the relevant info.

  • justinbc

    That price for a decent looking 2 BR there seems really reasonable.

  • Sure, if you like windows that look out on brick walls. Always something I say no to.

  • My wife and I used to rent in the building. The condo board is a complete nightmare. We didn’t have internet for 3 months–literally 3 months–because they were feuding with Comcast over who needed to pay for the rewiring that was necessary (the wiring had become completely frayed). The building is full of folks who bought in the 1990s and live on fixed income, so they’re unwilling to pay for any of the necessary updates. Caveat emptor.

    • That’s the problem with all big condo buildings. The buildings being constructed now will be like that in 20 years. Your lot is always in with a bunch of other people. That said, if you plan on occupying the unit this is a good deal. A nice place with a lot of sq. footage for the neighborhood.
      Brick wall windows are not ideal, but way better than just a wall.

  • The condo fee is not bad for a 2 bedroom, but high for the square footage. Not everything looks out on a brick wall. My guess is that the rooms are rather small. it’s a shame that there are no period details, the pillar looks like an annoyance (someone must have moved an old galley kitchen or something) and the last owner seems to have overdone trying to be modern.

  • This is a very good deal for a 2-br in a location this good. You’re going to have to compromise for a 2-br apartment that’s under $500k. For better and worse, DC is not that far from the day where you’ll have to compromise for a 1 bedroom apartment under half a million in the prime locations. Bricks outside the window is a better compromise than basement, which is basically your only other option.

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