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3520 Ely Place SE

WASHINGTON, DC 20019
  • $1,150,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: DCDC2103142
UPDATED: 37 min ago
$1,150,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,362
    SQFT
  • $342
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Description

"WHO WOULD BE OPEN TO SAVE ABOUT $1M, YES $1,000,000 in Total interest paid thru out the course of the loan???ASSUMABLE FHA LOAN UNDER 3% FIX 29 YEARS LEFTA quick context for owner occupied buyer this property at $1,050,000 loan amount financed at 30 year fix, current 6.8% interest rate would cost you $7000 monthly payment (P&I) , and about $2.5M total cost of the loan by the pay off date 2053If you qualify YOU can assume the existing seller's FHA 30 year fix about 2.8%, which comes about $4,361 in monthly payment (P&I), only about $1.5M total cost of the loan" Buyer must cover the difference between assumable loan and sale price or secure a 2nd trust.* Units are fully occupied and yet unit #2 is soon to be vacant, Tenant already gave a move out notice. please see showing instructions for best time and day to view the units. Thanks

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Marsh Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-02T10:54:45.667.
www.movebuymarsh.com/homes/141477769
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3520 Ely Place SE WASHINGTON, DC 20019

  • Price: $1,150,000
  • Status: Active
  • On Site: 79 Days
  • Updated: 37 min ago
  • ID#: DCDC2103142
0
Beds
0
Baths
0
½ Baths
0.09
Acres
3,362
SQFT
$342
$/SQFT
1943
Built
Neighborhood:
Lily Ponds
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
"WHO WOULD BE OPEN TO SAVE ABOUT $1M, YES $1,000,000 in Total interest paid thru out the course of the loan???ASSUMABLE FHA LOAN UNDER 3% FIX 29 YEARS LEFTA quick context for owner occupied buyer this property at $1,050,000 loan amount financed at 30 year fix, current 6.8% interest rate would cost you $7000 monthly payment (P&I) , and about $2.5M total cost of the loan by the pay off date 2053If you qualify YOU can assume the existing seller's FHA 30 year fix about 2.8%, which comes about $4,361 in monthly payment (P&I), only about $1.5M total cost of the loan" Buyer must cover the difference between assumable loan and sale price or secure a 2nd trust.* Units are fully occupied and yet unit #2 is soon to be vacant, Tenant already gave a move out notice. please see showing instructions for best time and day to view the units. Thanks
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Soil Types Urban Land Not Rated Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3362 Below Grade Finished Area 0 Below Grade Unfinished Area 1381 Cooling Central A/C Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 4

Property Features

Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2022 Central Air YN Yes Cooling Fuel Electric Foundation Details Other Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Original MLSNumber 802460483316 Ownership Interest Fee Simple Possession Settlement Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 6213.00 Tax Assessment Amount 1002510.00 Tax Lot 33 Total Actual Rent 77400.00 Vacation Rental YN No Water Source Public Zoning Ra-1

Listing courtesy of Keller Williams Capital Properties: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Marsh Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-02T10:54:45.667.
 
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