2900 Pomeroy Se Unit 101, Washington, DC 20020

$950
: 1
BD
: 1
BA
: 445
SqFt

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List Price: $950
Status: PENDING
MLS#: DCDC2165966
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Living Area: 445
Style: Converted House, Apartment
Year Built: 1952
County: Washington
School District: District Of Columbia Public Schools

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Property Description

Not a lease...an unusual offer of a delayed purchase option to create homeownership. Remodeled market rate Co-op Unit is available for Sale (DCDC2097766, $129,900), OR qualified Buyercan enter into 2 or 3 year installment sale agreement to occupy while qualifying to purchase. $1,299 down payment/deposit, $950 monthly pre-settlement use fee, $1,050 use fee in months 13-24 then $1,150. Buyers in good standing after first 12 months, eligible to buy with deferred payment down payment assistance of up to 20% of price ($25,980 max) from Seller (3%annual simple interst charge max $779.40/year). Buyer can seek share loan and apply for HPAP to achieve a lower monthly cost. Coop operating assessent is $210/month (for water, sewer, trash, grounds, halls, commona element mtce, insurance and RE Tax). Requires Installment Purchase agreement (to ensure price and assistance) with Buyer termination and extension rights. Buyer cleans, Seller does normal maintenance, As Is sale.

240-804-7606

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Additional Information

Subdivision: Barry Farms
Building Name: New Parkchester Housing Co-Op
Interior Features: Some Carpeting
School District: District Of Columbia Public Schools
Elementary School: Savoy
Middle School: Kramer
High School: Anacostia
Heating: Forced Air, Central
Cooling: Central Air, Roof Mount
Roof: Tar/Gravel
Utilities: Cable Available, Electric Available, Natural Gas Available, Water Available
Water: Public
Sewer: Public Sewer