1701 16th Nw Street NW Unit #103, Washington, DC 20009

Property Description

Welcome to 1701 16th St. NW #103, a one-of-a-kind gem in the heart of Washington, DC! If you're considering downsizing to a low-maintenance one-level home, relocating but want to keep a pied-à-terre in the city, or a first-time buyer with a taste for the distinctive, this remarkable one-bedroom residence in The Chastleton is tailor-made for you. Owned by an internationally-acclaimed interior designer, this home is a masterpiece of style and sophistication. Step inside and be greeted by custom wallcoverings, exquisite window treatments, hand-drawn rustication and patterned carpeting. A mirrored alcove with decorative columns creates an enchanting play of light and space. With 10-foot ceilings and tall black windows accentuated by a striking black feature wall, the living area exudes a truly dramatic ambience. The fully remodeled bathroom showcases meticulous attention to detail. It is conveniently located off the hallway for both owners and guests, An angled bay off the kitchen looking out at the Scottish Rite Temple next door offers a unique dining area or a flexible space that can easily transform into a library or home office. The kitchen is a blank canvas awaiting your vision and personal touch. Spanning a generous 673 square feet, this home is part of the highly sought-after 03 tier, which offers ample space for comfortable living. A brand-new HVAC system installed in August 2023, valued at over $9,000, ensures your comfort year-round, backed by a Five-Year Parts, Labor, and Maintenance Warranty, with annual system checks in years 2-5. The Chastleton, considered one of DC’s Best Addresses, is a well-maintained cooperative that boasts a rich history dating back to 1920 and underwent significant renovations in 2006 to blend its historic charm with modern comfort. Recent updates to the lobby and hallways showcase the grandeur of this iconic Gothic-Revival building. Residents enjoy a wealth of amenities, including a two-story entry lobby with 24/7 front desk and security, an elegant ballroom/party room with kitchen for hosting events, a peaceful courtyard with BBQ grills, a fully equipped fitness center, and communal seating areas. For breathtaking city views, head up to the rooftop deck on the 8th floor where you can relax on the lounge chairs or work remotely. Your new home's location is unbeatable, offering easy access to the vibrant 17th Street shops and restaurants, the trendy 14th Street corridor, and the cultural hubs of Dupont Circle and Logan Circle. Plus, a bus stop right at your front door and two Metro stops nearby simplify commuting. You'll experience the best of city living within a short walk from your home. On-site for sale or rent parking and storage subject to availability. Property must be owned for 2 years before eligible to sublet, then can be sublet for up to 3 years. For pet lovers, cats are welcome. One of the standout features of this co-op is that you'll only need to pay for electricity. Basic cable, HBO, internet, water, sewer, and trash are all included in your monthly dues, making budgeting a breeze. Underlying Mortgage balance as of 09/23 $55,996.89 (portion of sales price already financed at 2.55% that gets subtracted from the sales price) Coop fee: $597.70 monthly + Underlying Mortgage: $330.84 monthly + Real Estate taxes: $181.17 monthly = Total Association dues: $1,109.71 .Your overall payment is incredibly competitive compared to similarly priced condos, thanks to lower taxes and the low interest rate on the underlying mortgage. Don't miss this exceptional opportunity to own a piece of history in one of DC's most coveted addresses. Make this your distinctive oasis in the city.