950 25TH ST NW #517N, Washington, DC 20037
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950 25TH ST NW #517N, Washington, DC 20037
950 25TH ST NW #517N, Washington, DC 20037
950 25TH ST NW #517N, Washington, DC 20037
950 25TH ST NW #517N, Washington, DC 20037
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The Bollack Team

The Bollack Team

+1(443) 299-7994
Listed by Lauren Johnson • EXP Realty, LLC
$ 240,000
Est. payment /mo
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Price Dropped by $5K

950 25TH ST NW #517N Washington, DC 20037

1 Bed

1 Bath

643 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo/Co-op

Listing Status Active

Purchase Type For Sale

Square Footage 643 sqft

Price per Sqft $373

Subdivision Foggy Bottom

MLS Listing ID DCDC2262342

Style Contemporary

Bedrooms 1

Full Baths 1

Condo Fees $979/mo

HOA Y/N N

Abv Grd Liv Area 643

Year Built 1966

Annual Tax Amount $296,587

Tax Year 2025

Property Sub-Type Condo/Co-op

Source BRIGHT

Property Description

Welcome to 517N at The Claridge House, an investor-friendly one-bedroom building in the heart of Foggy Bottom, currently leased at $2,500 per month with a tenant in place through June 2027, providing immediate, uninterrupted rental income from day one. The Claridge House allows owners to lease their units with a six-month minimum lease, making it an excellent opportunity for 1031 exchange buyers, investors looking to expand their Washington, DC portfolio, or buyers planning for future owner occupancy. In-unit maintenance program provided by the building makes this a perfect turnkey opportunity.

Inside, updated flooring flows throughout the home while oversized windows in both the living room and bedroom fill the space with natural light. A hallway lined with generous closets on both sides provides exceptional storage, allowing the home to live larger than its footprint. Laundry is conveniently located just steps away on the same floor, with an additional laundry facility downstairs.

Residents enjoy a full suite of amenities including a 24-hour front desk, fitness center, rooftop pool with panoramic views of Georgetown and Rosslyn, business center, Wi-Fi in common areas, community room, courtyard with grills and seating areas, on-site rental parking, and a pet-friendly policy that further enhances the property's appeal.

Ideally located near George Washington University, Foggy Bottom Metro, the West End, Georgetown, the U.S. State Department, the International Monetary Fund (IMF), the World Bank, Whole Foods, Trader Joe's, the Potomac River, and countless restaurants, shops, parks, and everyday conveniences, this location offers exceptional accessibility to many of Washington, DC's most desirable destinations.

An additional financial advantage is the assumable underlying mortgage, resulting in a net purchase price of $217,570.56. Current monthly expenses include operating fees of $979.82, real estate taxes of $129.40, insurance of $34.61, and the underlying cooperative mortgage payment of $176.20, for a total monthly fee of $1,320.03.

With an established tenant generating $2,500 per month in rental income through June 2027, an assumable underlying mortgage, investor-friendly leasing policies, and a premier Foggy Bottom location, 517N presents a compelling opportunity for investors, 1031 exchange buyers, and anyone seeking a well-positioned Washington, DC real estate investment.

Location

State DC

County Washington

Zoning R5D

Rooms

Basement Walkout Level

Main Level Bedrooms 1

Interior

Interior Features Kitchen - Galley, Flat

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Laundry Common

Exterior

Amenities Available Concierge, Elevator, Exercise Room, Pool - Outdoor, Security

Water Access N

Accessibility Elevator

Garage N

Private Pool Yes

Building

Story 1

Unit Features Hi-Rise 9+ Floors

Above Ground Finished SqFt 643

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

HOA Fee Include Air Conditioning,Custodial Services Maintenance,Electricity,Ext Bldg Maint,Gas,Heat,Management,Insurance,Pool(s),Reserve Funds,Sewer,Snow Removal,Taxes,Trash,Water

Senior Community No

Tax ID 0016//0093

Ownership Cooperative

SqFt Source 643

Acceptable Financing Bank Portfolio, Cash

Listing Terms Bank Portfolio, Cash

Financing Bank Portfolio,Cash

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK, Case by Case Basis

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

The Bollack Team

The Bollack Team

Agent | License ID: 660828

+1(443) 299-7994

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950 25TH ST NW #517N

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