2117 M ST NE #PENTHOUSE,WASHINGTON,DC,20002,WASHINGTON

Listing details

$10,000 Seller Credit available. Our Preferred Lender is offering a credit of up to 1% toward closing costs, on top of the seller credit. Welcome to this brand-new penthouse at 2117 M Street NE offering 2 bedrooms, 2 baths, and a bright, modern layout. The two bedrooms are positioned on opposite sides of the main living space, providing separation and privacy. At the center of the home, the open kitchen and living area features sleek cabinetry, quartz countertops, Samsung stainless steel appliances, and wide-plank flooring. Just beyond the living room, step outside to an expansive private balcony stretching approximately 36 feet, creating an exceptional extension of the living space for outdoor dining, entertaining, or relaxing. The primary bedroom includes a walk-in closet and private bath featuring a frameless glass shower enclosure and modern finishes. Additional features include an in-unit LG washer and dryer, tankless water heater, and a conveniently located half bath. Secure Entry brand new Building, be the first to enjoy living at The Arboret. Located near the National Arboretum, H Street Corridor, Union Market, Ivy City, and Capitol Hill, the home is also positioned near the planned transformation of the RFK Campus, which is envisioned to bring new parks and recreation, housing, retail, dining, entertainment, and improved connections throughout the surrounding area. With generous private outdoor space, modern finishes, and a location surrounded by continued investment and development, this penthouse offers an exciting opportunity to own brand-new construction in Northeast DC. 1 Parking Space is included in the price for the PH unit. Through the DC Homeownership Tax Abatement Program qualifying buyers may receive a five-year property tax exemption, saving approximately $3,153 annually ($15,765 total). Additional benefits include a $5,379 exemption from the buyer's recordation tax and a $5,379 credit for the seller's transfer tax, reducing upfront closing costs by approximately $10,759. Combined, these incentives offer over $26,500 in potential savings over five years, while reducing monthly housing expenses by approximately $263. Benefits are subject to income limits, program eligibility, and lender approval.

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