490 M ST SW #W-705 & 709 Washington, DC 20024
UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $392
Subdivision Waterfront
MLS Listing ID DCDC2198088
Style Contemporary
Bedrooms 3
Full Baths 2
Condo Fees $1,166/mo
HOA Y/N N
Abv Grd Liv Area 1,400
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $2,580
Tax Year 2025
Property Sub-Type Condo/Co-op
Property Description
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!)
Location
State DC
County Washington
Zoning 123
Direction West
Rooms
Main Level Bedrooms 3
Interior
Interior Features Kitchen - Galley, Built-Ins, Wood Floors, Combination Dining/Living, Dining Area, Floor Plan - Open, Bathroom - Tub Shower
Hot Water Natural Gas, Oil
Heating Zoned
Cooling Programmable Thermostat, Zoned
Flooring Hardwood, Ceramic Tile, Other
Equipment Dishwasher, Disposal, Microwave, Oven/Range - Gas
Furnishings Partially
Fireplace N
Window Features Energy Efficient,Sliding
Appliance Dishwasher, Disposal, Microwave, Oven/Range - Gas
Heat Source Natural Gas, Oil
Laundry Common, Hookup
Exterior
Exterior Feature Balcony
Utilities Available Cable TV Available, Natural Gas Available, Phone Available, Water Available, Sewer Available, Cable TV
Amenities Available Elevator, Exercise Room, Extra Storage, Party Room, Pool - Outdoor, Recreational Center, Security, Community Center
Water Access Y
View Water, Garden/Lawn, Street, Trees/Woods, Panoramic, River, Scenic Vista
Roof Type Concrete
Accessibility Other, Ramp - Main Level
Porch Balcony
Garage N
Building
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Amidon-Bowen
Middle Schools Jefferson Middle School Academy
High Schools Jackson-Reed
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include 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
Senior Community No
Tax ID 1234
Ownership Cooperative
Security Features Desk in Lobby,Exterior Cameras,Fire Detection System,Surveillance Sys,Intercom,Main Entrance Lock,Monitored,Resident Manager,24 hour security
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Dogs OK, Cats OK
