950 25TH ST NW #1015N Washington, DC 20037

CO-OP 1015N FOR SALE! NEW PRICE FOR AN EXCELLENT INVESTMENT OPPORTUNITY!!

Make studio apartment 1015N at The Claridge House Co-operative your new home OR rental property! Rents well!! This cooperative development is located at the corner of 25th and K Streets in DC’s Foggy Bottom neighborhood, right on the George Washington University Campus. Such a desirable location with an awesome building amenity package. Amenities include Laundry rooms in both buildings, cable tv ready, high-speed internet ready, views of Rosslyn & Washington, sweeping picture windows, 24-hour front desk, onsite management office, maintenance staff, business center, rooftop pool (May through September), community room, fitness center.

The apartment has a bright and open floor plan, a living area with floor-to-ceiling windows, and views of the river and city skyline. The kitchen has ample storage, a built-in hanging pan rack, and space for seating. There is a large closet with lots of shelving and a built-in desk! Utilities included. The monthly Co-op maintenance fee is $651.11 The monthly mortgage/tax/insurance is $250.55 (Underlying Mortgage is $24,516.31).

Points of interest include:
Grocery Stores and Pharmacies (Trader Joe’s & Whole Foods Market (0.24 m), Sheele’s Market (0.48 m), Metro Market (0.57 m), Foer’s Pharmacy (0.29 m), Tschiffely Pharmacy (0.42 m)). The nearest hospital is George Washington University Hospital. Metro/Transit (Foggy Bottom – GWU Washington Metro station, on the Blue, Orange, and Silver Lines, Metrobus routes 31, 32, 36, 37, 38B, 39, 80, H1, L1, N3, S1, and X1, Rentable bikes, and electric scooters are readily available). Upscale Dining (Blue Duck Tavern (0.28 m), Fiola Mare (0.40 m), Marcel’s by Robert Wiedmaier (0.11 m), Rasika West End (0.34 m), Nobu Washington (0.24 m), DC, Juniper Restaurant (0.25 m), Morton’s the Steakhouse (0.69 m)). Theatre and Entertainment (AMC Loews Georgetown (0.34 m), Dorothy Betts Marvin Theater (0.35 m), John F. Kennedy Center for the Performing Arts (0.48), National Symphony Orchestra). Nightlife (City Tavern (0.57 m), Cosmos Club, Eden DC, Night Club 930, DC Improv Comedy Club (all under 1.0 m)).

Three Advantages of Buying a Co-Op:
1.) Lower down payment requirements and lower closing costs compared to real property purchases. 2.) Mutual responsibilities and financial obligations- Shareholders split costs (property taxes and other utilities). The amount paid is determined by the individual unit’s value. The owner is not in charge of management or maintenance other than his/her specific unit. 3.) Sense of Community- The Claridge House Co-Op has a social environment making it easy for in-house co-owners to cross paths. Fellow shareholders also have access to each other’s contacts to connect and network.