FOR SALE
Local Information
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Description
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.)
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$342
Listed
86 days ago
Home Details for 1314 Downing Pl NE
Interior Features |
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Interior Details Number of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 4 |
Dimensions and Layout Living Area: 2600 Square Feet |
Appliances & Utilities Utilities: Water Available, Sewer Available, Propane - Community, Electricity AvailableAppliances: Gas Water Heater |
Heating & Cooling Heating: Hot Water,Natural GasHas CoolingAir Conditioning: None,ElectricHas HeatingHeating Fuel: Hot Water |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Accessibility: Other |
Exterior Features |
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Exterior Home Features Other Structures: Above Grade, Below GradeFoundation: Brick/Mortar, Slab |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Other |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 86 |
Property Information |
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Year Built Year Built: 1943 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Other |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 4027//0044 |
Price & Status |
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Price List Price: $889,000Price Per Sqft: $342 |
Status Change & Dates Possession Timing: Negotiable, Other |
Active Status |
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MLS Status: ACTIVE |
Location |
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Direction & Address City: Washington |
School Information Elementary School District: District Of Columbia Public SchoolsJr High / Middle School District: District Of Columbia Public SchoolsHigh School District: District Of Columbia Public Schools |
Agent Information |
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Listing Agent Listing ID: DCDC2125332 |
Community |
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Number Of Vacant Units: 2 |
Lot Information |
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Lot Area: 3692 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, Assumable, Contract, Seller Financing, Other |
Compensation |
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Buyer Agency Commission: 1.5Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Rental |
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Are Units Furnished: None |
Miscellaneous |
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Mls Number: DCDC2125332 |
Last check for updates: about 16 hours ago
Listing courtesy of Rasa Wickrema, (215) 620-1918
Brian Logan Real Estate
Source: Bright MLS, MLS#DCDC2125332
Price History for 1314 Downing Pl NE
| Date | Price | Event | Source |
|---|---|---|---|
| 03/16/2024 | $889,000 | Listed For Sale | Bright MLS #DCDC2125332 |
| 10/16/2011 | $280,000 | ListingRemoved | Agent Provided |
| 10/12/2011 | $280,000 | Listed For Sale | Agent Provided |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $6,124 |
| Assessment | $746,770 |
Home facts updated by county records
Comparable Sales for 1314 Downing Pl NE
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.82 | Multi-Family Home | $890,000 | 04/12/24 | 4 | - | 2,869 | |
0.82 | Multi-Family Home | $820,000 | 06/09/23 | 4 | - | 3,368 | |
0.96 | Multi-Family Home | $920,000 | 02/28/24 | 4 | - | 2,720 | |
0.71 | Multi-Family Home | $1,038,000 | 05/05/23 | 8 | - | 3,360 | |
0.71 | Multi-Family Home | $840,000 | 12/27/23 | 8 | - | 3,360 | |
0.79 | Multi-Family Home | $1,175,000 | 10/31/23 | 8 | - | 2,560 | |
0.85 | Multi-Family Home | $700,000 | 08/31/23 | 4 | - | 1,680 | |
0.86 | Multi-Family Home | $839,000 | 02/05/24 | 8 | 4 | 3,336 | |
1.02 | Multi-Family Home | $1,395,000 | 07/21/23 | 4 | - | 2,964 | |
0.88 | Multi-Family Home | $912,500 | 11/17/23 | 8 | 4 | 3,042 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Brentwood
- Sherrie A.
- Resident
- 4y ago
"I have lived in this neighborhood for 30 years and I love it. It’s quiet and there is a recreation center in walking distance with a nice field with benches where you can sit and enjoy. "
- Merson B.
- Resident
- 4y ago
"Access to public transportation, including being walking distance to Rhode Island Ave/Brentwood metro station "
- David H.
- Resident
- 4y ago
"I’ve live here for 4 months, and it’s been great. I would definitely recommend the neighborhood to people considering moving here. "
- Tom S.
- Prev. Resident
- 4y ago
"That your child should carry some kind a self-defense weapon when walking alone at night. But children should actually be walking in Paris and not by themselves. There is a sense of community but everybody store needs to get on the same page and not be divided because we are one community"
- Charline S.
- Resident
- 4y ago
"Chuck Brown day . Brookland community day. woodridge community day. 4th of July. Nothing much else. "
- Gerg7208
- Resident
- 5y ago
"I am within walking distance to metro, which is convenient. it is also the line that takes me directly to work."
- Nakodajordan
- Resident
- 5y ago
"Easy and convenient access to public transportation. Expect rush hour traffics and metro delays. However the community is nice and neighbors are friendly. "
- William I.
- Resident
- 5y ago
"I grew up in this neighborhood. I have seen the good and the bad from it. It’s getting better more than bad now. Best location in the city. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Rasa Wickrema, Brian Logan Real Estate
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.