Deal of the Week: Row House For Under $400K

• June 15, 2010
• 6 Comments

by Mark Wellborn

226 Parker Street NE

For this installment of Deal of the Week, we find a two-bedroom, renovated row house next to Union Station that is available for the price of many one-bedroom condos in the District.

Even though it was fully renovated in 2005 and 2006, the home still has many of its historic touches including exposed hand-formed brick walls and oak wood floors. The kitchen has all new energy efficient appliances, the main bedroom is spacious and the living room is cozy. While street parking is fairly easy to find in the area, the row house comes with a parking space in back.

The street itself will also be a draw to some buyers. Parker Street is just one block long and narrow, and its tidy, colorful row houses give it a village-like feel.

At this price, the home is a good option for anyone looking for an alternative to a condo. More details and photos below. For the full listing, click here.

226 Parker Street NE (map)

• Price: $395,000
• Bedrooms: Two
• Bathrooms: One
• Year Built: 1900

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 5 percent.

• Loan Amount: $316,000
• Principal and Interest: $1,696
• Property Taxes: $198/month
• Total Monthly Payments: $1,894

Living Room

Kitchen

Bedroom

This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_week_row_house_for_under_400k/2167

6 Comments

1. Millie said at 8:30 am on Tuesday June 15, 2010:

   Place look very cozy, but cool. I know that block and love the colors of the home facades.

1. Sandy said at 10:04 am on Tuesday June 15, 2010:

   I think this style is “rustic chic.” I dig it.

1. KStreetQB said at 1:44 pm on Tuesday June 15, 2010:

   That’s a fantastic option for someone. It has off street parking as well (according to listing). The view down the street isn’t great, there’s a large electric substation and then the traintracks on the other side, but you can’t argue with that price. Good Deal of the Week.

1. Tom A. said at 2:50 pm on Tuesday June 15, 2010:

   Love it!  It’s NOT “next to” union station, but it’s still great. It’s probably a bit quicker to get on the metro at the NY Ave metro station at M St than Union Station.

1. asar said at 11:47 pm on Tuesday June 15, 2010:

   Beautiful spot and in the middle of all kinds of new development, as well as close to established Capitol Hill.

   I live close and Parker is actually equidistant between both redline stations (about a 7 minute walk). The electric substation is also slated to be turned into an above-the-tracks luxury hotel and retail complex.

1. MB said at 10:39 am on Wednesday June 16, 2010:

   Amazing what a fresh coat of paint and bright colors will do for a place

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