1669 Columbia Road NW , #113

Description

Short Sale. The property is NOW Available. The seller is motivated. Don't miss out this time. Welcome home to Plaza West Coop, located in the famous and popular Adams Morgan and Mount Pleasant!! This lovely Beaux Arts building was built in 1911 using brick, stone, and iron by Gormley-Poynton Co., designed by Architect Simmons, B. Stanley, owned by Louis A Pirie, and built in the style of great iron buildings of the early 1900s.In 2022 the building received Fannie Mae's approval to receive 30-year share loans! Many recent building projects have been completed in the past five years, beginning in 2018 - a new Boiler and a new Chiller. New roof in 2019 and painted the building's exterior. Renovated entrance canopy and elevator interior in 2020. Installed solar panels in 2021. A new backup boiler in 2022. 2023, completely remodeled lobby, mailroom, and hall corridors. This beautiful co-op building retains its original charm and character; no special assessment is due.Monthly Coop fee breakdown:Underlying mortgage $ 426.17Land Lease $ 64.19Building Operating Expenses, including all utilities $ 1017.00 Total fee: $1507.36The mortgage will be the sales price $320,000 minus the underlying mortgage = base loan amount $240,798.18.Plaza West Coop repaired the floor joists in the living room. The new owner will be responsible for all other improvements. Contact your helpful listing agent for more information.1669 Columbia Rd is located where Adams Morgan and Mount Pleasant meet. Plaza West is within a "Walker and Biker's Paradise." Located less than a mile from Woodly Park-Zoo and Adams Morgan Red Line Metro Station. Less than a mile to Columbia Heights Green and Yellow Line. You will be on the edge of Rock Creek Park and a block from Meridian Hill Park. Down the street from countless restaurants with outdoor seating, perfect for the cool evenings.The monthly Coop fee includes the underlying mortgage, all utilities, AND real estate taxes. This building has bike storage and a laundry facility. Cats are warmly welcome dogs are not welcome. Unit 113 is a unique and special space. It is rare to have one terrace, but this unit conveys two private outdoor terraces. Yes, you need to make significant improvements; you will create a space you will be proud to call home. No noise from the excitement and energy of the Adams Morgan and Mt Pleasant on Columbia Road. Your unit is located on the quiet side of the building. Not on the market for thirty years. Now is your golden opportunity to transform this space into exactly what you have dreamed of creating.Great Location and a once in a lifetime price!!