Listing photo for 1314 Downing Pl Ne, WASHINGTON, DC
Listing photo for 1314 Downing Pl Ne, WASHINGTON, DC
Listing photo for 1314 Downing Pl Ne, WASHINGTON, DC
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1314 Downing Pl Ne,

WASHINGTON, DC

$889,000

2,600 Sqft
0.08 Acres

Opportunity Zone Property! Location! Location! Location!!! An unparalleled opportunity in one of Washington DC’s Opportunity Zones! From the February 5, 2020 Washington Post article “Brentwood is part of Washington’s Opportunity Zones program, a federal program that provides tax incentives for investments in new businesses and commercial projects in low-income communities. The program has attracted developers to the neighborhood.” Now there are apartment buildings and condominiums. This multi-family, four-unit (One bed, One bath) property is located in a highly desirable neighborhood in 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. The 4 units in this building are in good, rentable condition, making it a great investment opportunity. The unfinished basement spanning the entire building has a ceiling height of 8 feet. All units are rentable as-is. The spacious backyard offers parking possibilities from the wide alley. Don't miss out on this incredible property. If For owner -occupied then can live in one unit and rent out the other three. Market rent for this 1 BD 1 BA between approx $1600-$1900 with a potential of higher. Comparable info: Same block, two similar buildings have been converted to condominiums. Very Beautiful Currently, property has two units vacant and two occupied. Building can be conveyed vacant or with tenants. Showings By appointment only. Call Listing Agent. Preferred : Standard Title (Kevin Anderson esq.)

Facts & Features
MLS® # DCDC2125332
Price $889,000
Bathrooms 0.00
Square Footage 2,600
Acres 0.08
Year Built 1943
Type Multi-Family
Sub-Type Quad, Interior Row/Townhouse
Style Other
Status Active
Community Information
Address 1314 Downing Pl Ne
City WASHINGTON
County WASHINGTON-DC
State DC
Zip Code 20018
Amenities
Utilities Water Available, Sewer Available, Electric Available, Propane - Community
Is Waterfront No
Interior
Heating Hot Water
Cooling None
Has Basement No
Fireplace No
Exterior
Exterior Brick and Siding
Foundation Slab, Brick/Mortar
School Information
District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
Date Listed February 2nd, 2024
Days on Market 94
Zoning R-2
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Brian Logan Real Estate
Photo of Richard Budden

Richard Budden

Cell: (443) 480-1181

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Listing information last updated on May 6th, 2024 at 12:30am EDT.