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1314 Downing Place NE

WASHINGTON, DC 20018
  • $889,000
  • STATUS: Active
  • ON SITE: 169 Days
  • ID#: DCDC2125332
UPDATED: 116 min ago
$889,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $342
    $/SQFT
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

Description

DC Opportunity Zone Property! Location!!! Attractive features: A tax opportunity in one of Washington DCs Opportunity Zones! Alternate/Financing option can be explored. If looking for owner-occupied then live in one unit and rent out the others. Building to be conveyed vacant. Market rent for one of the units (1 BD 1 BA) is approx $1600-$1900 with a potential of higher. There are ways a New owner Can add value to the building. In the Same block, two similar buildings have been converted to condominiums reconfigured including into 2 bed apartment units. Basement spans entire building and has a 8 Ft plus height clearance . Rentable As-Is too. Building sold As-Is.This multi-family building is four-unit (One bed, One bath in each unit). Its located in a highly desirable NE neighborhood, the Brentwood section of town. Its proximity to public transportation adds to its appeal. Less than 15 min walk to the Rhode Island Metro Train Station. Near restaurants, retail, and parks.Alternate financing can be a possibility. Currently this property has two units vacant and two occupied. Showing the vacant units. Showings By appointment only. Please Call Listing Agent. 215 620 1918

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Pierre Group | United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-19T13:01:06.023.
www.thepierreregroup.com/homes/147126938
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1314 Downing Place NE WASHINGTON, DC 20018

  • Price: $889,000
  • Status: Active
  • On Site: 169 Days
  • Updated: 116 min ago
  • ID#: DCDC2125332
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,600
SQFT
$342
$/SQFT
1943
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
DC Opportunity Zone Property! Location!!! Attractive features: A tax opportunity in one of Washington DCs Opportunity Zones! Alternate/Financing option can be explored. If looking for owner-occupied then live in one unit and rent out the others. Building to be conveyed vacant. Market rent for one of the units (1 BD 1 BA) is approx $1600-$1900 with a potential of higher. There are ways a New owner Can add value to the building. In the Same block, two similar buildings have been converted to condominiums reconfigured including into 2 bed apartment units. Basement spans entire building and has a 8 Ft plus height clearance . Rentable As-Is too. Building sold As-Is.This multi-family building is four-unit (One bed, One bath in each unit). Its located in a highly desirable NE neighborhood, the Brentwood section of town. Its proximity to public transportation adds to its appeal. Less than 15 min walk to the Rhode Island Metro Train Station. Near restaurants, retail, and parks.Alternate financing can be a possibility. Currently this property has two units vacant and two occupied. Showing the vacant units. Showings By appointment only. Please Call Listing Agent. 215 620 1918
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types Other Pool No Pool Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2600 Below Grade Finished Area 0 Below Grade Unfinished Area 722 Cooling None Fireplace YN No Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Units Furnished None

Property Features

Acceptable Financing CashConventionalAssumptionContractSeller FinancingOther Accessibility Features Other Central Air YN No Cooling Fuel Electric Foundation Details Brick/MortarSlab Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 4 Number Of Units Vacant 2 Original MLSNumber 802825118840 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 6124.00 Tax Lot 44 Utilities Water AvailableSewer AvailablePropane - CommunityElectric Available Vacation Rental YN No Water Source Public Zoning R-2 Zoning Description Residential Multi-family

Listing courtesy of Brian Logan Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Pierre Group | United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-19T13:01:06.023.
 
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