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Washington, DC, 20032 • Bellevue • District of Columbia
$234/sqft
Down payment assistance available
7Beds
3Baths
2,800Sqft
0.11 acLot
1944Built
Other Style
Built 1944 · 82 years of history
Special Features
Above Grade · Below Grade
Popular listing
Listed 6 days ago · 186 views · 16 saves
Demand and pricing signals for this listing
186 views
People checking out this listing
16 saves
Buyers have saved this home
6 days on market
Just listed — act fast
$234/sqft
Price per square foot
Multi Family · Built 1944
2.375% ASSUMABLE FHA LOAN | $655,000 BALANCE | $4,121.45 PITI. This 3-unit property offers a rare opportunity to assume an FHA loan at a 2.375% interest rate, originated in December 2021 with a maturity date of January 2052. Based on current market rates, this assumption represents a projected savings of over $400,000 in interest over the life of the loan. STRATEGY: Total PITI is currently $4,121.45. An owner-occupant can reside in the 3-bedroom unit while utilizing the rental income from the two 2-bedroom units to offset the monthly mortgage payment. This asset is well-positioned for those seeking to maximize cash flow through the DC voucher program or market-rate rentals in a resilient submarket. -------------------------------------------------------------------------------------------- DISCLAIMER & DISCLOSURE: Property sold strictly AS-IS. To the seller's best knowledge, the loan is FHA assumable; however, the Buyer is solely responsible for performing all due diligence regarding loan assumption requirements, eligibility, and lender terms. Buyer is responsible for confirming and completing all due diligence related to the Certificate of Occupancy (CFO) and Basic Business License (BBL). Seller and listing agent make no representations regarding future rental income or regulatory compliance. TRANSACTION TERMS: Asking price reflects the loan balance. Buyer is responsible for 100% of closing costs and all broker fees.
Based on current rates
Est. 6.75% rate · 30yr fixed · $524,000 loan
Full calculator →Key facts and listing details
9 categories of property features
1 room detailed
Basement
Market data and value estimates
3 schools rated nearby
Washington, DC, 20032
6 events
23 years of records
Local context around this listing
Washington, DC • District of Columbia
Nearby neighborhoods
Nearby cities
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