Impluvium’s #201 For Sale (Sort of)

Impluvium’s #201 isn’t listed yet, but the owner got in touch with Urbnlivn to tell us that he’s seeking interested buyers. For those not familiar with the property, the Capitol Hill building completed construction in 2008 and two studios were briefly listed for prices in the low $200′s. However, shortly thereafter the entire building was listed for $3.3M before it converted to rental apartments and has been leased up ever since.

8823 21 Impluviums #201 For Sale (Sort of)

Details that Gary, Impluvium’s owner, provided:

#201 is for sale. It contains 2 bedrooms and 2 baths in its 1,700 square feet and is offered at $1.1M. The unit includes a separate lock off office that can be used as a live/work space or as a 3rd bedroom, or even locked off from the rest of the unit and occupied separately. HOA fees are $430/month and cover water, sewer, garbage, and gas.

The 5-unit boutique condominium is built for efficiency. The walls are composed of insulated concrete forms which aids in dampening sound and heat retention. Plus, unlike some new construction that can see roof maintenance and repainting in as little as 10-20 years, Impluvium’s metal roof is good for 50 years and the brick exterior is also considered to be low maintenance.

The Impluvium website gives further details on features such as radiant heat floors, plaster walls, carefully selected fixtures, and the construction highs and lows Gary experienced while building it (with his own hands in many cases).

Here’s a look at #201:

8823 3 Impluviums #201 For Sale (Sort of)

8823 4 Impluviums #201 For Sale (Sort of)

8823 8 Impluviums #201 For Sale (Sort of)

Impluvium is located at 1122 Broadway E just two blocks west of Volunteer Park on Capitol Hill. Interested buyers should contact Gary directly at gary@impluvium.com.

About katrina
  • http://www.matrixrealestate.com Kim Sharpe Jones

    Looks like a beautiful home. Might be a tough sell if the rest of the homes are still leased up rather than listed for sale.

  • Aaaa

    Not a bad deal to be renting a 1.3 million dollar unit for only $2500/month.

    Those rents are waaaaaaaaaaaaaay below market value.

  • katrina

    The intention Gary expressed to me was to sell them off one by one – #201 being the initial offering. And he’d like to ultimately retain one unit for himself.