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Deal of the Week: As Is Between Capitol Hill and H Street

  • February 15th 2011

by UrbanTurf Staff

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Deal of the Week: As Is Between Capitol Hill and H Street: Figure 1

This installment of Deal of the Week is not for a buyer that wants a home in turn-key condition, but is rather meant for an investor or a person willing to buy a home at a very good price and then renovate it from top to bottom. The three-bedroom home is an estate sale and is being sold as-is. The lack of interior photos likely means that the listing needs a good deal of work. That said, it is fairly well located about five blocks south of the heart of the H Street Corridor and four blocks northeast of Lincoln Park. To put this home’s potential into perspective, a similarly-sized row house on the same block that was move-in ready sold last summer for $580,000 after just 21 days on the market.

More details below. For the full listing, click here.

  • Address: 343 Tennessee Avenue NE (map)
  • Price: $252,000
  • Bedrooms: Three
  • Bathrooms: Two
  • Square Footage: 1,680

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 5.1 percent.

  • Loan Amount: $201,600
  • Principal and Interest: $1,095
  • Property Taxes: $90/month (Per DC tax records)
  • Total Monthly Payments: $1,185

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_as_is_between_capitol_hill_and_h_street/2996.

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