Tuesday, June 26, 2012

FOR SALE | 3864 9TH ST SE #201 - $44,900

Originally sold for $205,000 on 10/30/2006. 

Knowing that all of these condos sold for $180k+ six years ago makes me want to scream.  Yes, the housing market is down but in many parts of Ward 8 the condo market has been decimated. Some condo units are now worth only 1/3 1/4 of what they were a few years ago.

Why there hasn't been emergency city council hearings on this issue I will never know.

Oh wait, I suppose I should say "gentrification" and this post will skyrocket to the top of everyone's Google alerts. :(

Go HERE for the full REMAX listing.

Property Type: Condo/Townhouse
MLS Number: DC7812993
Bedrooms: 2
Bathrooms: 1
Home Size: 682 sq ft

Looking for a good investment? This condo was RENOVATED during a conversion in 2006. It's located 1.3 miles to METRO, 5 minutes to JBAB (Bolling AFB) and the future regional headquarters for the Dept. of Homeland Security. FHA/VA may be difficult to obtain since the condo project cannot get approved. CASH or conventional financing only.

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