1002 Rhode Island Ave NE Unit 3, Washington, DC 20018

$297,700 Asking Price

2 beds
2 baths
750  sqft
Built in 2024

This is an IZ unit - buyer must be an IZ candidate.. Uncover urban tranquility at 1002 Rhode Island Ave, where Unit #3 awaits in this meticulously designed boutique condo building. Step into a 2-bedroom, 2-bathroom sanctuary boasting exceptional designer upgrades, including imported tile, floor to ceiling windows, custom walk-in closets, and hardwood flooring. The dynamic floorplan easily accommodates for functional living with almost 750 sqft. The designer kitchen is adorned with custom appliances, sleek high-gloss lacquer cabinetry and expansive countertops made of quartz — presenting an elegant canvas for entertaining and gourmet cooking. Enjoy two outdoor spaces including your own private balcony off the living room as well as a common roof deck. Conveniently located near Rhode Island Ave and Brookland/CUA metro stations, this area offers easy access to public transportation. Enjoy a variety of restaurants and shops at Monroe Street Market, as well as the newly completed Bryant St development, which features residential spaces, retail options, and amenities such as MetroBar and the Alamo Drafthouse Cinema. PLEASE Read the rest of remarks. Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development regarding the availability of such units and requirements for registration in the Inclusionary Zoning program. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. The minimum occupancy requirement of 2 or more persons for this 2 bedroom unit. The income limits: $97,350 (2 people); $109,500 (3 people); $121,700 (4 people); $133,850 (5 people). The unit must remain the owners continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage.

Features & Amenities

Interior

Laundry:
Y
A/C:
Central A/C
Heating:
Y, Central, Electric
Disability Feature:
None

Exterior

General:
Above Grade
Style:
Transitional,Contemporary

Construction

General:
Cement Siding,Advanced Framing, 1

Location

HOA Amenities:
Water,Insurance,Reserve Funds,Common Area Maintenance, 209.0, Monthly
Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
UNKNOWN, 3871//2003

Utilities

Water:
Public
Sewer:
Public Septic

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Compass, D'Ann K Lanning

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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