UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 630 sqft
Price per Sqft $357
Subdivision Waterfront
MLS Listing ID DCDC2245836
Style 10000001217
Full Baths 1
Condo Fees $1,231/mo
HOA Y/N N
Abv Grd Liv Area 630
Year Built 1966
Tax Year 2026
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
Discover N502, a generously sized studio co-op in the heart of Southwest Waterfront—one of DC's most dynamic neighborhoods. The Seller is currently offering a $5,000 closing cost credit to the Buyer. It's the sweetest deal around!
The Apartment
This isn't your typical studio—at approximately 630 square feet, N502 is larger than many one-bedroom apartments in town! Step into an open, light-filled layout with eastern exposure that fills the space with natural light. The living area flows seamlessly to a large private balcony—perfect for morning coffee or evening relaxation. The apartment also features a defined sleeping area. The updated kitchen offers gas cooking and stainless appliances. Two extra large closets offer ample storage, and a garage parking space is included. Everything you wanted in your SW DC abode and more!
Building Amenities
Tiber Island Co-op offers a sparkling outdoor pool, fitness rooms, resident's lounge, and BBQ grills. Up to two pets per unit allowed. Additional conveniences include rental storage units, community laundry facilities in the basement, and 24-hour front desk service.
The Neighborhood
Your new home places you near the Wharf and other attractions including Arena Stage and Yards Park. Also close to the National Mall, Penn Quarter, Capitol Hill, Georgetown, and Old Town Alexandria. Commuting is seamless with Metro access, I-295, I-395, I-695, Route 66, and multiple parkways nearby. Virginia Railway Express, Amtrak, and National Airport are all easily accessible.
Monthly co-op fee: $1,231.33 (includes property taxes, parking, air conditioning and heat, utilities, cable/internet, master insurance, and more)
Contact us today to schedule your private tour.
Approx. 630 sf per co-op records.
Unit size references are approximate and should not be used for valuation. Some photos may be virtually staged.
FAQs:
• New owners must occupy as primary residence and file a Homestead Exemption in the District of Columbia.
• Ownership cannot be taken in an LLC or corporation. Owners must be natural persons or a trust of the occupant.
• Tiber Island Cooperative Homes requires all cash purchasers to obtain a cash evaluation letter as part of the Board Approval process.
• Two pets are allowed per unit.
• Laundry is in the basement; w/d CANNOT be added in the unit.
• Tiber Island collects an escrow at settlement equal to three (3) months co-op fees. This escrow is held throughout the owner's ownership of the co-op.
• Renting is allowed after 2 years of ownership. After 4 years of renting, requests are only approved if the Board grants a hardship exception.
Location
State DC
County Washington
Zoning UNKNOWN
Direction East
Interior
Hot Water 60+ Gallon Tank, Natural Gas, Oil, Solar
Heating Forced Air, Summer/Winter Changeover
Cooling Central A/C
Fireplace N
Window Features Double Pane,Screens
Heat Source Natural Gas, Oil, Electric
Laundry Common
Exterior
Exterior Feature Balcony
Parking Features Underground
Garage Spaces 1.0
Utilities Available Cable TV, Under Ground
Amenities Available Club House, Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Fax/Copying, Fitness Center, Laundry Facilities, Library, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Security, Swimming Pool, Storage Bin
Water Access N
View City, Courtyard, Garden/Lawn
Accessibility None
Porch Balcony
Total Parking Spaces 1
Garage Y
Building
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Above Ground Finished SqFt 630
Sewer Public Sewer
Water Public
Architectural Style 10000001217
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Air Conditioning,Cable TV,Electricity,Ext Bldg Maint,Gas,Heat,Management,Insurance,Pool(s),Recreation Facility,Reserve Funds,Sewer,Snow Removal,Taxes,Trash,Water,A/C unit(s),Parking Fee
Senior Community No
Tax ID //
Ownership Cooperative
SqFt Source 630
Security Features Main Entrance Lock,Smoke Detector,Intercom
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Number Limit
Virtual Tour https://www.homes.com/property/430-m-st-sw-washington-dc-unit-n-502/spfd9qgrfkfwn/?dk=3qdwq39hnk48m
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