430 M Street SW , N502

Description

Oversized Studio with Parking in SW WaterfrontWelcome to #N502 at 430 M Street SW — an extra spacious studio co-op in the sought-after Tiber Island community. Located in the dynamic Southwest Waterfront, this sunlit apartment makes an outstanding value!Bigger Than a One-BedroomThis is not your average studio. With approximately 630 square feet of well-designed living space, Unit N502 offers a larger footprint than many one-bedroom apartments in the city.The open, light-filled layout offers a fantastic eastern exposure. The living space features a distinct sleeping alcove and flows seamlessly onto a large balcony. Overlooking the community's lush landscape, it's a perfect urban retreat for morning coffee or unwinding after a long day.The updated kitchen is ready for the home chef, featuring gas cooking and stainless steel appliances. You'll also find two extra-large closets providing excellent storage. A highly coveted underground garage parking space is included!Tiber Island AmenitiesTiber Island is known for its convenient amenities: an outdoor swimming pool, well-equipped fitness center, resident lounge, and outdoor BBQ grills. The building also offers 24-hour front desk service, community laundry facilities, and rental storage units, and is pet-friendly (up to two pets allowed per unit).Unbeatable LocationN502 puts you close to the vibrant dining, shopping, and entertainment in the neighborhood. Catch a show at Arena Stage, relax at Yards Park, or head over to the National Mall, Penn Quarter, Capitol Hill, and Georgetown.Commuting is effortless, with the Waterfront Metro station (Green Line) close by, plus quick access to I-395, I-295, VRE, Amtrak, and Reagan National Airport.Key Features & Co-op Details:• Address: 430 M St SW, Unit N502, Washington, DC 20024• Layout: Extra-large studio with sleeping alcove / 1 full bath (630 sq. ft.)• Outdoor Space: Large private balcony with eastern exposure• Parking: 1 garage parking space included• Amenities: 24-hour front desk, outdoor pool, fitness center, grills, and resident lounge• All-Inclusive Fee: $1,231/mo includes property taxes, parking, central HVAC, gas, electricity, water, cable/internet, and master insurance• Pet Policy: Pet-friendly (up to 2 pets per unit)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.