The Washington times., 1904-10-23
Frequent Inquiries Now
Being Made for High
Priced Property.
FEW RENTABLE HOUSES
Some important Sales on
Washington Heights Resi-
denceS About TO Be Bnllt

While the real estate market can not
be said 10 have gained any considerable
momentum. there have been, within the
past week. several important sales, es-
peciaIIy on Washington Heights. The
prices paid for the properties show
notable increase in values In that par
ticuIar locality, and they also emphasize
the oft-declared fact that real estate
investments in nearly all parts or the
District. urban as well as suburban.
commend themselves as both safe ana
profitable.
Ii is 10 be kept in mind that in spite
Of the duuues= of the summer season
prices of realty have not sagged in the
least; on the contrary, they have kept
up so well as 10 have exceeded the eX-
pectations OF even the most sanguine.
Except in some instances where owners
were compelled TO sacrifice their prop
ertv under the stress of overdue incum-
brances, no sales have been made that
did not yield a satisfactory advance over
the price originally paid by the sell
ers.
High-Pnced Property Popular
II is especially 10 be noted that high
priced properties seem TO enjoy partiCu-
lar favor From what can be learned
from brokers i would appear that deals
IN this class are managed with com
paratively less trouble than those that
involve the disposal OF cheaper property
either improved or unimprOved.
The deduction 10 be drawn from this
circumstance IS that the influx Of
wealthy people from other cities who
prefer Washington as a winter resi-
dsnce is steadily increasing, and that
outside investors are more and more ex-
plotting the local field. Taking all these
things into consideration. real estate
brokers who take a conservative view Of
the situation say that the prospect for
profitable and active trading IS not far
distant
Kept Busy at Renting.
on the other hand every real estate
Office ia town is kept on the jump all the
while with renting business. The
demand for houses OF every description
has not only continued. but is getting
more strenuous each day. Brokers de-
clare that there are fewer houses fsr
rent in Washington than AZ any time
within the last I'VE wears, and this, too,
in face OF the remarkably large addi-
tious 10 rentable property within that
period.
Although apartments from S25 a month
all the way up 70 SO and even highe1-
are added weekly TO the rentabIe sup
ply, and the building OF separate resi-
dences continues without dimiuutiOn.
agents claim TO have the greatest diff
Guilty 10 meet the demands made upon
them for homes Several OF these agents
have said within the last few days
that never In their experience have they
been kept as busy I'm the renting depart
ment as they are an this time.
Sales on Washington Heights.
Returning 10 the subject Of recent
sales of property on Washington
Heights mention is % be made of sew
eraI made during the past week by
Early q hampton. iu connection with
Ben B. Bradford.
Most prominent among these Is the
purchase by william J. Keh0e, of the
beautiful residence or Col lawrence
Sands. 1IinJw10d. together with q -CJl
square feet OF ground lit IS one OF the
largest and handsemast houses on
Washington Heights, four stories ana
attic in height. and containing thirty
rooms and four baths The price paid
by MT Eeh0C was $4,000.
The same brokers sold for Mr. EehOe
his elegant greensboro residence aU 1920
Eighteenth Street for $4,000, They have
also sold FOR Clarence II. Eorment the
Margaret apartment house for $4,000
Rows Of Residences.
Several important sales have been
made the past week through the offices
OF T. Walter Weed One of these is a
large tract OF ground ou Cincinnati
Street. just opposite the 'Ioop" OF the
Capital Traction Company. ra William
c. Lewis. on which the latter proposes
10 erect ten large and elegant residences
from plans now I'm preparation by Arch
itect n r. Grimm.
The corner house IS 90 be four stories
in height. and the ground floor is 20 ba
occupied by a drug store The other
houses win Dee three stories. All are %
have fronts l5 feet I'm width and built
Of gray brick with Indiana limestone
trimmings. They viii each contain ter
rooms and two baths and be heated
with steam The total cost Of the ira
provement viii be about 10000
Another sale 20 AIr. Lewis is a tract
at Erie Street and Ontario Avenue. on
which he viii build eight three-story
houses with fronts Us feet wide. Of mot
tied brick and brown stone trimmings
They are 10 contain ten rooms and bath
each and the interior finish IS 20 be 3D.
hard wood. Heating VIII Doe by furnace
The cost of This block of houses viii bs
about $4,000. The plans ia this case
are also iu Architect Grimm's hands.
Myers T. Wouderly, who have engaged
In extensive building operations or
Washington Heights, have bought
through Mr.. Weed "a large tract Of land
al Cincinnati and Baltimore Streets oh
which they are about 10 erect clever
three-st0ry brick and stone residences
10 contain each eleven rooms and bath
the whole Improvement 90 cost about
$40 co., The plans have been drawn bg
Architect y Frank Myers.
Architect Grimm is drawing plans fol
a row OF eight tW1-story ana cellar
apartment houses az TWeuty-uIuth and
u Streets They are 10 have five room.
and bath ou the nrst floor and Sis room.
and bath on The second front and bach
porches. and interior back stairs from
the second story TO t-e cellar They vii
cost about $4,000
Through the office or william Corco