$876,000

1314 DOWNING PL NE, Washington, DC 20018

  • 2,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $337/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

DC Opportunity Zone Property! Location!!! 4 Units : Two units are 2BD 1 BA and Two units are 1BD 1 BA. If looking for owner-occupied or first time Home-buyer , then live in one unit and rent out the others. Explore Air BnB options if relevant. New full size Appliances, Water heaters all under 3 years old. Mini-splits for AC and heat in two apts less than 1 year old the other two apartments have central AC also relatively new. Building is powered by electric, separately metered, and tenants pay their own. All apartments repaired, painted, and updated in the last 3 years including new modern laminate flooring. Basement : Large unfinished basement space. Common Laundry in the basement. Owner pays water bill. Market rent for 2 BD 1 BA is approx $2200 WITH POTENTIAL FOR HIGHER (some say even as high as $2,900.00 per month but please do your due research ) and for 1 BD 1 BA is approx $1600-$1900 with a potential of higher. Laundry in the Building basement . There can be ways a New owner could add value to the building. Large Basement is unfinished. Basement has a 8 Ft plus height clearance . Rentable As-Is too. Building sold As-Is. In the Same block, two similar buildings have been converted to condominiums. This multi-family building is 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 .

Listing Status:
Active
Listing Office:
Brian Logan Real Estate : 2023875555
Listing Agent:
Rasanjali Wickrema : 2156201918
MLS ID:
DCDC2175994
  • Basement: CombinationFullWalkout level
  • A/C: OtherCeiling Fan(s)Ductless/Mini-SplitHeat Pump(s)Multi UnitsCentral A/C
  • Heating: Forced AirElectric
  • Disability Feature: Other

This listing courtesy of Rasanjali Wickrema, Brian Logan Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Noyes Education Campus

2725 10th St NE, Washington, DC, 20018

Grades EE-5

0.49 miles away

M

McKinley Middle School

151 T St NE, Washington, DC, 20002

Grades 6-8

1.11 miles away

L

Luke C. Moore High School

1001 Monroe St NE, Washington, DC, 20017

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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