1915 Benning Rd NE #9-401, Washington, DC 20002

Description

PHOTOS REFLECT VIRTUAL STAGING IN SOME CASES
ONE OF 9 BRAND NEW CONDOS BEING OFFERED BY DEVELOPER--OWNER FINANCING POSSIBLE (INCOME AND CREDIT SCORE REQUIREMENTS).

OTHER UNITS AVAILABLE IN THE $350K-$450K PRICE RANGE.


***ASK ABOUT SELLER/DEVELOPER OFFERING A 2-1 BUY DOWN: FIRST YEAR INTEREST RATE 2 PERCENT LOWER THN MARKET; SECOND YEAR 1 PERCENT LOWER THN MARKET. PREFERRED LENDER IS OFFERING A 1% LENDER CREDIT*** Trolley Lofts Condominiums, brand new condos, 1 mile from RFK Stadium, 1 mile from Union Station--Free Trolley Street car from Condo to Union Station.
Special lending opportunities for first time byers avilable.
OWNER FINANCING with 25% Down Payment, 700 Credit Score and household income three times Monthly Mortgage Payment. INTEREST RATE = 5.5 % , WITH 5 YEAR BALOON. 30 YEAR AMORTIZATION. MONTHLY PAYMENT (PI) = $ 2555/MN. Location is transitioning with approved RFK Stadium renovated development and many urban amenities. Free trolley access to Union Station and the Langston Golf Course/Driving Range. Nature lovers have proximity to National Arboretum, Kenilworth Park & Aquatic Gardens. Anacostia River Trail with access to Navy Yard. Pending Condominium Registration with DHCD. One unit is designated for "Inclusionary Zoning," on a lottery basis, pursuant to the District of Columbia "Inclusionary Zoning Program." Photos may not correspond to the exact unit for sale. Some staging was virtual. Square footage may not be exact, but close estimate.

TWO PARKING GARGE SPACES AVAILABLE, WITH SEPARATE DEEDS, FOR $25K EACH.

OWNER FINANCING AVAILABLE WITH 5 YEAR BALLOON, 30 YEAR AMORITIZATION. MUSTHAVE 700 CREDIT SCORE AND INCOME OF 3 TIMES MONTHLY PAYMENT, 3* (PITI+CONDO FEE)
AUTOMATIC FIRE SPRINKLERS AND FIRE MONITORIN BY DC FIRE DEPT AND CINTAS FIRE PREVENTION COMPANY. EACH FLOOR HAS MONITPRICE RANGEORED FIRE EXTINGUISHER.