490 M ST SW #W-705 & 709 new to site

Washington,DC 20024

$ 549900

3 Beds

2 Baths

1400 SqFt


Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $392

Subdivision Waterfront

MLS Listing ID DCDC2198088

Style Contemporary

Bedrooms 3

Full Baths 2

Condo Fees $1,166/mo

Year Built 1966

Annual Tax Amount $2,580

Tax Year 2025

Property Sub-Type Condo/Co-op

Property Description

1400 square foot Combined unit for Sale! West building, 7th floor, River views, Southern exposure!
Rarely available (maybe first in 24 years?) combined unit with 1,400 square feet of space at Tiber Island available for sale!

The combined unit--formerly a One Bedroom and a Efficiency--is a blank slate. It was combined several decades ago but no effort was made to configure it into it's potential. There have been several combined units completed at Tiber over the years. A sample floor plan of a potential three bedroom design is in the photos section. Some have opened up the efficiency kitchen and made that that the kitchen for the combined unit. Whichever kitchen you remove can be converted into a laundry room which is permissible (upon Tiber Island approval).

This combined unit needs a complete renovation (kitchens have original 1966 olive colored cabinets in very poor condition, and original appliances that are pretty much unusable). Bathrooms are original and could be made functional, but are in poor condition.

The cooperative fees are equivalent those of a one bedroom and efficiency unit.

Garage parking space available, but not included, for additional $50,000.

This is a unique opportunity to have a 1,400 square foot unit at Tiber (the largest original floor plan is a 1,220 square foot two bedroom (with a single balcony).

REAL ESTATE TAXES APPROXIMATELY 50% LESS THAN AN EQUIVALENTLY PRICED CONDOMINIUM! BUILDING HAS BEAUTIFUL POOL, TWO EXERCISE ROOMS, AND LOTS OF BEAUTIFULLY LANDSCAPED COMMON GROUNDS

TIBER ISLAND HAS BEAUTIFUL OUTDOOR POOL, BRAND NEW GYM OPEN 24/7, 24-HR DESK IN MAIN BUILDING, AND NEWLY RENOVATED LOBBIES. HALLWAY RENOVATION ANTICIPATED IN 2025. ACROSS STREET FROM WATERFRONT METRO, NEW WHARF, SAFEWAY, CVS, ARENA STAGE, MORE! STEPS 2 NATS PARK, AUDI FIELD, NATIONAL MALL, NAVY YARD, HAINS POINT, BIKE AND JOGGING PATHS! COOP FEE $1,166\MO, ALL UTILS\CABLE\WIFI\HVAC MAINTENANCE $816\MO, REAL ESTATE TAXES $215\MO ! (TAXES ON COMPARATIVELY PRICED CONDO WOULD BE MORE THAN TWICE THE THOSE ON THIS UNIT!)

Location

State DC

County Washington

Zoning 123

Interior

Hot Water Natural Gas,Oil

Heating Zoned

Cooling Programmable Thermostat,Zoned

Flooring Hardwood,Ceramic Tile,Other

Equipment Dishwasher,Disposal,Microwave,Oven/Range - Gas

Laundry Common,Hookup

Exterior

Exterior Feature Balcony

Utilities Available Cable TV Available,Natural Gas Available,Phone Available,Water Available,Sewer Available,Cable TV

Amenities Available Elevator,Exercise Room,Extra Storage,Party Room,Pool - Outdoor,Recreational Center,Security,Community Center

Water Access Y

View Water,Garden/Lawn,Street,Trees/Woods,Panoramic,River,Scenic Vista

Roof Type Concrete

Building

Story 1

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Amidon-Bowen

Middle Schools Jefferson Middle School Academy

High Schools Jackson-Reed

School District District Of Columbia Public Schools

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

Pets Allowed Dogs OK,Cats OK

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