3520 ELY PLACE SE, Washington, District of Columbia County, DC, 20019 Washington DC US

USD 1150000 For Sale
MLS: DCDC2103142

Property Details

Bedrooms

2

Bathrooms

2

Neighborhood

Fort Dupont

Property Type

MultiFamily

Description

"WHO WOULD BE OPEN TO SAVE ABOUT $1M, YES $1,000,000 in Total interest paid thru out the course of the loan??? ASSUMABLE FHA LOAN UNDER 3% FIX 29 YEARS LEFT A quick context for owner occupied buyer this property at $1,050,000 loan amount financed at 30 year fix, current 6.8% interest rate would cost you $7000 monthly payment (P&I) , and about $2.5M total cost of the loan by the pay off date 2053 If you qualify YOU can assume the existing seller's FHA 30 year fix about 2.8%, which comes about $4,361 in monthly payment (P&I), only about $1.5M total cost of the loan" Buyer must cover the difference between assumable loan and sale price or secure a 2nd trust. * Units are fully occupied and yet unit #2 is soon to be vacant, Tenant already gave a move out notice. please see showing instructions for best time and day to view the units. Thanks Find out more about this property. Request details here

Location

Address

3520 Ely Place Southeast, Washington, District of Columbia 20019, United States

City

Washington

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Real Estate Broker
Abel Gebremichael
Top Tags
29 years left
Likes

0

Views

108

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