In Washington, DC, a co-op (short for cooperative) is a building where you don’t actually own your individual unit. Instead, you buy shares in a corporation that owns the entire building, and those shares give you the right to live in a specific apartment.

In everyday life, living in a co-op can feel a lot like living in a condo. Legally and financially, though, it’s set up very differently.

With a condo, you own your unit outright and share ownership of the common areas. In a co-op, the building itself owns everything, and your ownership is tied to shares plus a lease or agreement that gives you exclusive use of your unit.

In DC, the co-op building is taxed as a whole. The co-op corporation pays the property tax bill, and each resident covers their share through the monthly fee rather than getting a separate tax bill.

Monthly co-op fees can look higher than condo fees, but that’s because they usually include a lot more. In addition to operating costs and reserves, the fees for 2633 15th Street NW include annual property taxes, master building insurance, water, trash, landscaping, and exterior maintenance. Most co-op fees also include any underlying mortagage for the building - in this case, the mortgage has been pad off already.

The home is currently only available by appointment. Please contact us directly or fill out the form on the Visit page to schedule your visit.

We always recommend speaking with a lender as you get started in your home buying journey. Certain lenders specialize in co-op financing - we are happy to provide a list of professionals to consult.

With a WalkScore of 91 and a BikeScore of 95, this home is ideally situated in the city, with plenty of eating, shopping and transit options nearby. The home also includes two parking spaces.

Harris Teeter is the closest grocery store - 3/10 of a mile away. The Columbia Heights metro (Green and Yellow lines is the closest metro train station. DC USA is across the street from the metro and includes Target, Best Buy and Lidl.