Owner Finance Available
1915 Benning Road Rd NE FLOOR 3-8
Washington, DC 20002
🛏️
2
Bedrooms
🚿
1
Bathrooms
📏
606
Sq Ft
📅
2024
Year Built
Washington, DC 20002
2
Bedrooms
1
Bathrooms
606
Sq Ft
2024
Year Built
VIRTUAL STAGING IN SOME CASES. ONE OF 9 BRAND NEW CONDOS BEING OFFERED BY DEVELOPER--OWNER FINANCING POSSIBLE (INCOME AND CREDIT SCORE REQUIREMENTS). ASK ABOUT SELLER/DEVELOPER OFFERING A 2-1 BUY DOWN: FIRST YEAR INTEREST RATE 2 PERCENT LOWER THN MARKET; SECOND YEAR 1 PERCENT LOWER THN MARKET. PREFERRED LENDER IS OFFERING A 1% LENDER CREDIT Trolley Lofts Condominiums, brand new condos, 1 mile from RFK Stadium, 1 mile from Union Station--Free Trolley Street car from Condo to Union Station. Special lending opportunities for first time byers avilable. Owner financing with 25% Down Payment, 700 Credit Score and houselhold income three times Monthly Mortgage Payment. INTEREST RATE 5.5 % , WITH 5 YEAR BALOON. 30 YEAR AMORTIZATION. MONTHLY PAYMENT (PI) $1405.27 Location is transitioning with approved RFK Stadium renovated development and many urban amenitites. Free trolley access to Union Station and the Langston Golf Course/Driving Range. Nature lovers have proximity to National Arboretum, Kenilworth Park & Aquatic Gardens. Anacostia River Trail with access to Navy Yard. Pending Condominium Registration with DHCD. One unit is designated for "Inclusionary Zoning," on a lottery basis, pursuant to the District of Columbia "Inclusionary Zoning Program." Photos may not corrspond to the exact unit for sale. Some staging was virtual. Squre footage may nt be exact, but close estimate. TWO PARKING GARGE SPACES AVAILABLE, WITH SEPARATE DEEDS, FOR $25K EACH. OWNER FINANCING AVAILABLE WITH 5 YEAR BALLOON, 30 YEAR AMORITIZATION. MUSTHAVE 700 CREDIT SCORE AND INCOME OF 3 TIMES MONTHLY PAYMENT, 3 (PITI CONDO FEE)
Property Type
Townhouse
Year Built
2024
HOA
None
Listed Price
$355,999
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Owner financing means the seller of 1915 Benning Road Rd NE FLOOR 3-8 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Washington, DC is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Washington property.