Congrats to ULC Agent Deirdre Brown on the sale of this investor-ready row home in Brentwood for $260,000. This semi-detached 3BR , 2.5 BA has a great location at 1843 Capitol Avenue, NE right next to a park.
“This home’s not a short sale or foreclosure but was priced right based on its need for updates. Financing can be challenging on foreclosures and short sales, so this home’s non-distressed status and great price made using conventional mortgages easy” said Deirdre Brown, UrbanLand Company agent. “My buyer is purchasing this home for its potential and due to a desire to be in Brentwood.”
Buying a row home or condo during these times of super low interest rates results in extremely reasonable monthly payments. “This row home is a great example of a smart investor purchase. This is a $260,000 investment on the part of the buyer that gets them into ownership in a neighborhood with great potential,” commented Gerard DiRuggiero, Principal Broker at UrbanLand Company. “This is another example of our representation services and guidance resulting in a win for one of our buyers.”
Interest rates are still at all-time lows, and rates will begin to adjust upward after the new year. Right now, locking down a great rate into a 30 year mortgage puts you in prime position to enjoy a low monthly payment for a long, long time. It’s enough to make you want to laugh at the thought of renting any longer.
UrbanLand Company Free $0 Down Home Buyer Workshops are available on Tuesday nights at 5:30pm or on Saturdays at 10am.
More of our current Workshop sales are below. We are becoming the pathway to ownership for savvy DC / MD / VAfirst time home buyers!