1314 Downing Place Northeast

Washington, DC 20018

$889,000
Price
Beds
2,600 Sq. Ft.
$342 / Sq. Ft.
2,600
Sq. Ft.
$342
per Sq. Ft.

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,...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.)
  1. Listed by Rasanjali Wickrema • Brian Logan Real Estate
    P: 2156201918 asarkciw@yahoo.com

Property Details for 1314 Downing Place Northeast

Tax ID Number
4027//0044
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
02-02-2024
Legal Subdivision
Brentwood

Location

Listing Courtesy of Brian Logan Real Estate
Add your commute
LISTING UPDATED: 03/16/2024 11:58 PM

Property Details for 1314 Downing Place Northeast

StatusActive
MLS #DCDC2125332
Days on Market94
Taxes$5,463 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1943
Lot Size0.08 AC / 3,692 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Brian Logan Real Estate
Add your commute

Building Information for 1314 Downing Place Northeast

Stories-Residences4Year Built1943Building Size-Lot Size0.08 AC / 3,692 SF

Payment Calculator

$5,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,852

Property Taxes

$455

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1314 Downing Place Northeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $720,470
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $393,800
  • City Town Tax: $5,463
  • Land Assessed Value: $326,670
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-2
  • Zoning Dscrp: Residential Multi-family
  • Tax Lot: 44
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Number Of Units Vacant: 2
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,600.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16072538
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Other
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Water Available, Sewer Available, Propane - Community, Electric Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 1314 Downing Place Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1314 Downing Place Northeast

Taxable ValueLand$326,670Additions$393,800Total$720,470
Tax Record2023$6,236 ($520 / month)
Home Facts
Baths4Total Finished SqFt2,600 SqFtAbove Grade Finished SqFt2,600 SqFtStories2Lot Size3,692 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943ZoningR-3CountyDISTRICT OF COLUMBIAAPN4027 0044

Schools near 1314 Downing Place Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Langdon ES
PublicPK to 5

Mckinley Middle School
Public6 to 8

Dunbar High School
Public9 to 12

Luke C. Moore High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1314 Downing Place Northeast is a multi-family home for sale in Washington, DC 20018. This property was listed for sale on February 2, 2024 by Brian Logan Real Estate, it's currently listed at $889,000. This listing's school district is District Of Columbia Public Schools. Nearby schools include Langdon ES, Mckinley Middle School and Dunbar High School. 1314 Downing Place Northeast is a 0-bed, 0-bath, 2,600 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brian Logan Real Estate

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/16/2024 11:58 PM