Home | Newsletter | Advertise
loading...

Deal of the Week: A Popular Fixer Upper

  • February 28th 2012

by UrbanTurf Staff

Deal of the Week: A Popular Fixer Upper: Figure 1
1808 1/2 6th Street NW. Google Maps.

This installment of Deal of the Week is for a buyer (or investor) that wants a fixer-upper. But based on what UrbanTurf has heard, that buyer will need to move quickly.

Built back in 1906, the two-bedroom row house in Shaw is being sold as-is, and it will require a good deal of interior rehabilitation. Unfortunately, we haven’t been able to get much more information regarding its condition than that. (Of particular interest would be the cost estimates for renovating the home.) But we can say that in just about 48 hours on the market, the listing’s condition has not dampened interest

The blue house has received over 20 inquiries so far, and the offers had already started coming in as of Tuesday morning. If this property interests buyers out there, we are guessing that they will need to move quickly and come in above the asking price.

More details below.

  • Full Listing: 1808 1/2 6th Street NW (map)
  • Price: $270,000
  • Bedrooms: Two
  • Bathrooms: One
  • Year Built: 1906
  • Listing Agent: Shirley Curtis, Century 21

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4 percent.

  • Loan Amount: $216,000
  • Principal and Interest: $1,031
  • Property Taxes: $280/month
  • Total Monthly Payments: $1,311

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_a_popular_fixer_upper/5214.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse