Good Deal or Not? Renovated Building Edition (Reader Request)

This condo is located at 3917 7th Street, NW:

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The flier says:

“choose from 5 gorgeous all new 2br/2ba units ranging from 229-299,900! Hdwd floors, gourmet kitchens w/ granite & stainless, tile baths, w/ d, outdoor space, & pkg @ 10k! 3 block walk to metro & shops & prices that can’t be beat!!! FHA approved — 3.5% down financing avail!!!”

More info and photos found here.

The reader writes:

“These condos have been under construction for ages and probably have had their for sale signs up for 6 months, though I haven