Florida Avenue Home Flyer

Thanks to a reader for sending this one in:  The (nearly) million-dollar home sold, and now the new owners are looking for tenants in the 800-sq ft, 2-bedroom basement apartment. From the Craigslist ad:

Rare opportunity to live in a beautifully renovated 2 bedroom apartment in a great residential neighborhood just a few blocks from the convenience, transportation, and nightlife of Washington DC’s H Street. This English Basement-style apartment with secure front and back access in a real house has a neighborhood feel, not like you’re living in some massive cookie-cutter apartment building. Full kitchen with full size fridge if you like to cook/entertain, but plenty of options within a block or two if you prefer to go out. Currently UNFURNISHED, can provide some furnishings if necessary.

Have 2 rooms all for yourself or rent one and save serious $$ with a roommate–utilities are included. Perfect for young professionals and responsible students.

The apartment is spacious, beautifully filled with light from northern and southern exposure and is a brand-new renovation.

The ad goes on to say that the rent does include utilities, and there is a washer/dryer in the unit. Splitting the rent with someone, you’re looking at $1100/mo for your share.

Looking online at DCRA’s permit system, there aren’t any active business licenses at 1228 Florida Ave, so we’re not sure this is a legal, licensed rental (this can be a headache for a landlord, but a potential bonus for tenants).  In mitigation, there are plenty of area 2-br rentals in the area for around the same price, though most (if not all) south of Trinidad’s Florida Ave border.

So, what are your thoughts- bargain, or hoodwink?