Reply to Are these H St. NE / Capitol Hill houses priced appropriately?

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[quote=Anonymous][quote=Anonymous]Even though the person living in the basement almost certainly is living there illegally if there's no C of O, good luck getting them to leave thanks to DC's ridiculous tenant protections. No wonder this house is sitting.[/quote]

Taking back the unit for the owner's own use is one of the legally permitted reasons for ending a month-to-month lease, as is ending the lease because you will stop renting the space entirely.  So the buyer probably wouldn't have any difficulty ending their lease, but it would take several months of lead time.

Although, if the only issue preventing a CofO is splitting the utilities, I could also imagine a buyer just planning to do the work in order to make the unit legal.

It's interesting that rental units used to be seen as an asset regardless of whether the unit was legal, and basement rentals without a CofO were much more common.  Now the neighborhood is wealthy enough that it seems like the juice isn't worth the squeeze, and even legal rental units don't add much of a price premium.[/quote]

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