1314 Downing Place NE
Washington, DC 20018

  • – beds
  • – baths
  • 2,600 sqft
  • 3,692 sqft lot
  • $341 per sqft
  • 1943 build

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.)

BRIGHT MLS logo Listing courtesy of BRIGHT / Brian Logan Real Estate

Last checked: Checking… • Last updated Mar 17, 2024 •

MLS# DCDC2125332 —

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Walk Score®

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Sale history

Date Event Source Price % Change
3/11/24
Price Changed BRIGHT $889,000 -9.3%
2/1/24
Listed / Active BRIGHT $980,000

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$889,000

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Listing provided by broker:

Rasanjali Wickrema

Brian Logan Real Estate

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This multifamily located in Northeast Washington, Washington, DC 20018 is currently for sale for $889,000. 1314 Downing Place NE is a 2,600 square foot multifamily with – beds and – baths. 1314 Downing Place NE is in the Northeast Washington neighborhood of Washington and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Langdon Education Campus, Mckinley Technology High School, and Dunbar Senior High School.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Brian Logan Real Estate.

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