Property Highlights
| Cooperative ownership |
Laundry room in building |
| LOW closing costs |
Updated kitchen and bath |
| Taxes included in co-op fee; no tax escrow! |
Close to bus and Metro |
| Hardwood floors |
Secure building |
| Large storage room in basement |
One of DC's |
Property Description
Welcome to The Hampshire Gardens Cooperative, known as one of DC's "Best Addresses"!
This sophisticated and classy cooperative unit boasts two bedrooms, a separate dining room with a built-in china cabinet, a unique built-in bookcase in the living room, recently refinished hardwood floors, and a remodeled bath.
This is a HOT opportunity for first-timers: LOW closing costs (no transfer taxes, no title search fees); and property taxes, heat, gas, water and more included in co-op fee. And with the taxes included in co-op fee, there is no tax escrow! The purchaser will have to use cooperative transfer agent and a lender on list of those with a cooperative Lender Agreement -- but the buyer will probably SAVE money over comparable condos in the area! No better deal in Petworth for a two-bedroom, MOVE-IN READY unit! And please note that this unit is priced UNDER market for unit this size in complex -- see agent for details! The unit is sold as is, but a one-year home warranty is included. All offers will be considered and CLOSING ASSISTANCE IS AVAILABLE! Remember, though, that showings are by appointment only.
To learn a little more about cooperatives, go to the transfer company's site (Edmund J. Flynn); info on co-ops and the lenders will be at the property.
By the way, the cooperative is beginning renovations to the exterior of the property this summer -- there is no underlying mortgage involved, so no additional cost to you! But you will be able to move in time for the additional beautification of this already beautiful complex!
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