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Good Deal or Not? “Excellent opportunity for moderate income and first-time homebuyers” edition

by Prince Of Petworth December 16, 2013 at 1:00 pm 25 Comments

1425 T Street Northwest

This unit is located at 1425 T Street, Northwest:


The listing says:

“Great opportunity to live and own in one of DC’s HOTTEST areas. This 2 bedroom unit offer 817 sq ft in an awesome cooperative building with a beautiful view of Monument. Purchase price includes underlying mortgage ($68,375)…you pay as little as $42,000 to own! Income Restriction ($67,000 or less for 1 person). Excellent opportunity for moderate income and first-time homebuyers.”

You can see more photos here.

This 2 bed/1 bath is going for $110,375 ($1,285 monthly fee.)


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