1314 DOWNING PL NE new to site

Washington,DC 20018

$ 876000

- Bed

- Bath

2600 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $336

MLS Listing ID DCDC2175994

Style Other

Abv Grd Liv Area 2,600

Originating Board BRIGHT

Year Built 1943

Annual Tax Amount $6,348

Tax Year 2024

Lot Size 3,692 Sqft

Acres 0.08

Property Description

DC Opportunity Zone Property! Location!!! 4 Units : Two units are 2BD 1 BA and Two units are 1BD 1 BA.
Alternate/Financing option can be explored. If looking for owner-occupied then live in one unit and rent out the others. Market rent for 2 BD 1 BA is approx $2200 WITH POTENTIAL FOR HIGHER and for 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. Large Basement is unfinished. Laundry in the Building.
In the Same block, two similar buildings have been converted to condominiums. 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 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 At .

Location

State DC

County Washington

Zoning R-2

Rooms

Basement Combination,Full,Walkout Level

Interior

Hot Water Electric

Heating Forced Air

Cooling Other,Ceiling Fan(s),Ductless/Mini-Split,Heat Pump(s),Multi Units

Fireplace N

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Accessibility Other

Garage N

Building

Foundation Brick/Mortar,Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4027//0044

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional,Assumption,Contract,Seller Financing,Other

Listing Terms Cash,Conventional,Assumption,Contract,Seller Financing,Other

Financing Cash,Conventional,Assumption,Contract,Seller Financing,Other

Special Listing Condition Standard

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