490 M St SW Apt W705, Washington, DC 20024

$549,900 Asking Price

3 beds
2 baths
1,400  sqft
Built in 1966

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!)

Features & Amenities

Interior

General:
Kitchen - Galley,Built-Ins,Wood Floors,Combination Dining/Living,Dining Area,Floor Plan - Open,Bathroom - Tub Shower
Appliances:
Dishwasher,Disposal,Microwave,Oven/Range - Gas
Laundry:
Common,Hookup
Flooring:
Hardwood,Ceramic Tile,Other
A/C:
Programmable Thermostat,Zoned
Heating:
Y, Zoned, Natural Gas,Oil
Disability Feature:
Other,Ramp - Main Level

Exterior

General:
Water Fountains,BBQ Grill,Exterior Lighting,Lawn Sprinkler,Play Area,Secure Storage,Sidewalks,Underground Lawn Sprinkler,Other, Above Grade
Style:
Contemporary
Parking:
Lighted Parking,On-site - Sale

Construction

Roofing:
Concrete
Windows:
Energy Efficient,Sliding
General:
Brick, 1

Location

HOA Amenities:
Elevator,Exercise Room,Extra Storage,Party Room,Pool - Outdoor,Recreational Center,Security,Community Center, Ext Bldg Maint,Management,Insurance,Pool(s),Recreation Facility,Reserve Funds,Snow Removal,Trash,Other,Alarm System,Common Area Maintenance,Custodial Services Maintenance,Health Club,Laundry,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance, 1166.0, Monthly
Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
123, 1234
View:
Water,Garden/Lawn,Street,Trees/Woods,Panoramic,River,Scenic Vista
Waterfront:
1000

Utilities

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

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Welcome Home Realty, LLC, Steven L. Gross

About Washington, DC

Housing

Number of Units
355,879
Median Home Value
$676,049
Median Rent
$1,533

59.41% of housing units are renter occupied.

10.61% are vacant.

Commute

Car
26.04%
Public Transportation
22.45%
Walk to Work
9.05%
Work from Home
38.64%
Other
0.89%

The median travel time to work is 21 minutes.

People

Population
676,761
Median Age
35.60
Median Household Size
2.29

Education

High School
15.71%
Associate’s Degree
2.77%
Bachelor’s Degree
26.24%
Graduate Degree
36.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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