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Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 643 sqft
Price per Sqft $373
Subdivision Foggy Bottom
MLS Listing ID DCDC2262342
Style Contemporary
Bedrooms 1
Full Baths 1
Condo Fees $979/mo
HOA Y/N N
Abv Grd Liv Area 643
Year Built 1966
Annual Tax Amount $296,587
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Inside, updated flooring flows throughout the home while oversized windows in both the living room and bedroom fill the space with natural light. A hallway lined with generous closets on both sides provides exceptional storage, allowing the home to live larger than its footprint. Laundry is conveniently located just steps away on the same floor, with an additional laundry facility downstairs.
Residents enjoy a full suite of amenities including a 24-hour front desk, fitness center, rooftop pool with panoramic views of Georgetown and Rosslyn, business center, Wi-Fi in common areas, community room, courtyard with grills and seating areas, on-site rental parking, and a pet-friendly policy that further enhances the property's appeal.
Ideally located near George Washington University, Foggy Bottom Metro, the West End, Georgetown, the U.S. State Department, the International Monetary Fund (IMF), the World Bank, Whole Foods, Trader Joe's, the Potomac River, and countless restaurants, shops, parks, and everyday conveniences, this location offers exceptional accessibility to many of Washington, DC's most desirable destinations.
An additional financial advantage is the assumable underlying mortgage, resulting in a net purchase price of $217,570.56. Current monthly expenses include operating fees of $979.82, real estate taxes of $129.40, insurance of $34.61, and the underlying cooperative mortgage payment of $176.20, for a total monthly fee of $1,320.03.
With an established tenant generating $2,500 per month in rental income through June 2027, an assumable underlying mortgage, investor-friendly leasing policies, and a premier Foggy Bottom location, 517N presents a compelling opportunity for investors, 1031 exchange buyers, and anyone seeking a well-positioned Washington, DC real estate investment.
Location
State DC
County Washington
Zoning R5D
Rooms
Basement Walkout Level
Main Level Bedrooms 1
Interior
Interior Features Kitchen - Galley, Flat
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Amenities Available Concierge, Elevator, Exercise Room, Pool - Outdoor, Security
Water Access N
Accessibility Elevator
Garage N
Private Pool Yes
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Above Ground Finished SqFt 643
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Air Conditioning,Custodial Services Maintenance,Electricity,Ext Bldg Maint,Gas,Heat,Management,Insurance,Pool(s),Reserve Funds,Sewer,Snow Removal,Taxes,Trash,Water
Senior Community No
Tax ID 0016//0093
Ownership Cooperative
SqFt Source 643
Acceptable Financing Bank Portfolio, Cash
Listing Terms Bank Portfolio, Cash
Financing Bank Portfolio,Cash
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Case by Case Basis
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Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413GET MORE INFORMATION
