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Good Deal or Not? “Unbelievable opportunity to purchase a wonderful, sunny one- bedroom apartment in the great 14th & U Street corridor” edition

by Prince Of Petworth August 1, 2014 at 12:55 pm 27 Comments

1440 W Street Northwest

This unit is located at 1440 W Street, Northwest. The Listing says:

“Unbelievable opportunity to purchase a wonderful, sunny one- bedroom apartment in the great 14th & U Street corridor, near Metro! Approximately 650 square feet. Coop fee includes taxes, insurance, maintenance, management fees, utilities (except electric), underlying mortgage and more. YOU PAY ONLY $42,000 TO PURCHASE. INCOME RESTRICTIONS APPLY – $47,950/one person. Sorry no investors allowed.”

You can see more photos here.

This 1 bed/1 bath is going for $42,000 ($1,076 monthly fee.)

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