Ownership – Limited Equity Cooperative located near 14th & N St NW – Washington, DC

Multiple Vacancies Available. 1st month free and legal costs covered.

$1,200–$1,500/month
0 Bedrooms
1 Bathrooms
382–500 Square Feet

Property Information

This limited-equity cooperative offers small studio and regular studio homes in a central Northwest DC location. Residents purchase a co-op share and pay a monthly carrying charge, creating a more affordable ownership option with long-term housing stability.

This opportunity may be a good fit for individuals seeking an accessible entry point into cooperative ownership, with building amenities and support from an established co-op community.

Current availability:

  • Regular studios: $1,500/month, 4 available
  • Small studios: $1,200/month, 1 available
  • Co-op share: $1,200–$1,500 one-time purchase
  • Income limits: $54,150–$86,650, 80% MFI
  • Unit size: 382–500 sq. ft.
  • 1st month free and legal costs covered
  • Tap water and hot water included
  • Parking not included

Building features:

  • In-building laundry
  • Bike storage
  • Package room
  • Front door intercom
  • Elevator access
  • On-site property manager Monday through Friday

Douglass CLT Affiliated Property

FAQs

Members purchase a co-op share and must occupy the unit as their primary residence. Eligibility typically includes income limits, occupancy guidelines, and co-op approval.

  • Household income must fall within the co-op’s limits according to the Area Median Income AMI.
    • If 2 people apply for one studio they’re income will be combined and must meet the minimum and maximum requirements as joint income.

  • Applicant must pass required screenings and interview.
  • Applicant must meet any required documents for DC DHCD and the property manager.

 

Please confirm all eligibility criteria with Douglass CLT and EJF Real Estate Services before applying.

Complete the Douglass CLT Home Interest Form and indicate that you are interested in 14th & N St NW.

If you submit an application through EJF Real Estate, please also let Douglass CLT know so we can track your interest and help coordinate next steps.

Visit https://www.1417nstnwcooperative.com/