2BR/2BA | $132K Underlying Mortgage at 2.89% | New HVAC & Water Heater | In-Unit W/D interest rate - a significant advantage in today's market. A compelling opportunity at Capitol Hill Tower with a financing structure worth highlighting. The $525,000 asking price includes an underlying mortgage balance of approximately $132,206… Read More at a low 2.89% interest rate. After accounting for the underlying mortgage, the remaining purchase amount is approximately $392,794. The total monthly co-op payment is $1,462, consisting of $566 toward the underlying mortgage, $302 in DC real estate taxes, and $594 in co-op maintenance fees. Welcome to this spacious two-bedroom, two-bath residence offering a comfortable floor plan, attractive wood flooring, and excellent storage. The open living and dining area provides plenty of room for entertaining, working from home, or simply relaxing, while the breakfast bar creates an easy connection to the kitchen. The kitchen features granite countertops, generous cabinetry, gas cooking, dishwasher, and breakfast bar. Both bedrooms provide the privacy and flexibility buyers are looking for, whether used as two bedrooms or as a primary suite plus guest room/home office. A large walk-in closet provides exceptional additional storage. Major systems have already been recently replaced - a significant benefit for the next owner - including a new HVAC system and water heater in 2025, plus a washer and dryer installed in 2024. The convenience of in-unit laundry completes the home's practical appeal. Capitol Hill Tower offers a convenient Navy Yard location close to Metro, Capitol Hill, Nationals Park, Audi Field, the waterfront, restaurants, cafe9;s, shopping, and neighborhood parks, with easy access to major commuter routes. Space, location, recent mechanical upgrades, and an underlying mortgage at only 2.89% combine to make #514 an especially interesting opportunity for buyers seeking a two-bedroom home in Navy Yard. Parking License with maintenance fee of $99.00 per month. No Rental restrictions - but a 6-Month minimum lease is required. Read Less
Courtesy of Oyingtare A Youdeowei, Long & Foster Real Estate, Inc. 202-966-1400
Listing Snapshot
Days Online
3
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
1,020
Year Built
2006
MLS Number
DCDC2283068
Additional Details
Building
Built in 2006, Living area: 1020, Levels: 1, Entry level: 5, Construction Materials: Concrete
Cooling
Central A/C
Accessibility Features
Elevator
Garage
1 spaces
Heating
Forced Air
Home Owner's Association
Fee Includes: Ext Bldg Maint, Common Area Maintenance, Custodial Services Maintenance, Pool(s), Recreation Facility, Underlying Mortgage, Amenities: Billiard Room, Club House, Common Grounds, Concierge, Elevator, Exercise Room, Party Room, Meeting Room, Pool - Indoor
Pets Policy
Allowed: Size/Weight Restriction
Property
Other structures: Above Grade, Below Grade
Security Features
24 hour security, Desk in Lobby, Smoke Detector
Sewer
Public Sewer
Taxes
Annual Amount: $3,624, Year: 2026, Zoning: DCOZ
Utilities
Water Source: Public
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