1314 Downing Pl Ne, WASHINGTON

$889,000

0 Bed
0 Bath
2,600 Sqft
.08 Acre
0 Parking

DC Opportunity Zone Property! Location!!!
Attractive features: A tax opportunity in one of Washington DC’s 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

Essential Information
MLS® #DCDC2125332
Price$889,000
Bathrooms0.00
Square Footage2,600
Acres0.08
Year Built1943
TypeMulti-Family
Sub-TypeQuad, Interior Row/Townhouse
StyleOther
StatusActive
Community Information
Address1314 Downing Pl Ne
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20018
Utilities

Water Available, Sewer Available, Electric Available, Propane - Community

Interior
HeatingHot Water
CoolingNone
Exterior
ExteriorBrick and Siding
FoundationBrick/Mortar, Slab
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningR-2
Condo Fees$0
HOA Fees$0
Listing Details
OfficeBrian Logan Real Estate
Property History
Price Reduced from $980,000 to $889,000
Status Changed from Coming Soon to Active
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Listing information last updated on July 27th, 2024 at 1:03am EDT.