The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1908-03-15
UNUSUAL ACTIVITY
IN REAL ESTATE
Several Large Transactions
Marked by Wide
Diversity.
Apartment Houses and
Homes Vie With Invest
ment Buyers.

The week has witnessed unusual activ-
ity IA real estate transactions. There
has been a wide variety in their char
acter, and both numbers and volume
have been large. Through two transac-
lions the city is assured OF the erection
OF another hlgh-grade apartment house
and the preliminary Improvement OF an
entire square OF city property, which
has lain idle IN the possession OF an Is
tate Cor more than half a century.
Many homes, too. have been sold, in
some instances sales being made before
the houses were near completion. Build
ing lots for city residences also have
been sold, and tho announcement OF
their sale accompanied BY one that the
erection of modern dwellings would be
commenced at once. To this should be
added the announcement OF the I'M
provement OF the old burlington prop
erty. IN + street. between Eleventh and
Twelfth streets, whereby the income IS
increased 90 per cent.
New Apartment House.
Perhaus the most encouraging an
nOunCemeuts Of the week were those
by 2 II. P1ckfOrd. in which he assured
the erection immediately of an apart
ment house to cost Sl25.0O0 on the ground
no acquired from Horace S. Cummings,
1900 feet 1T the corner Of Twentieth
and p streets. within q block Of Dupont
Circle. and the erection Of business
buildings on North Capitol street. A.
II. Beers has prepared plans for an
eight-story, hreproof apartment house,
to contain forty apartments, These viii
be six and seven rooms and bath. ana
OF the highest order. Plans Tor the
business buildings have not Yet been
drawn,
Another building promise fer the i'm
mediate future Is made by John +.
Lynch. HIS purchase from the A. (.
FOX Company or fiIteen building lois
IN oregon avenue, between New Hainp-
sldre avenue and Eighteenth street,
was for the purpose OF Immediately
commencing the erection of as many
firSt-Class IWO-Stocy colonial dwellings,.
Announcement also was made yester-
day Afternoon OF the purchase BY J. NJ:
CarmOdy, through Stone x Fairfax, OF
sixty front feet OF ground on Ninth
stree and 115 feet on y street north
east On the northeast corner for the
purpose OF building residences,
Another announcement OF this char
acter was made yesterday afternoon Dy
Thomas J. Fisher d Co. They have
sold for Joseph Paul eighty feet front
on the north side of Adams street. near
First street. IN BlooninEGdle. upon
which wiz be erected four houses.
Buying for Investment.
The week also has added to the num-
Der of investments IN Washington real
estate made by out-of-town buyers
one OF the largest of these was the
sale OF the Fulton apartment house
1876 NJ street. by John L. Warren, for
$50 900. The sale was made by Charles
Early.
Moore & Hill made several sales Of
this character. one Of the most tm- |
Dortant being the sale 70 Albert Mar
shall, of Harrisburg. Pa, OF lot on
the north side OF n street. between
TWenr y-first and TWenty-S streets, !
upon which the investor viii erect a
three-story apartment house. A West /
Virginia investor purchased from Moore /
q Hill the two-stOry apartment house
1745 7 street, built by John NJ, Hender- |
son.
AS illustrative OF the demand for |
homes - the announcement by Boss 6, /
Phelps Of the sale during the week of /
six houses now under construction by 4
Harry Wardman, on the east side OF /
Fifteenth street northwest adjoining the ]
corner of W street. They are Of a row
OF seven, and are yet far from compile /
ton.
All OF the houses built by John NJ /
Henderson at the southwest corner Of /
Thirteenth and Girard streets have now /
been sold BY Thomas j. Fisher a. Co |
The List one. the corner house was sold 1
last week to NJ p. Brooks. The seven /
houses brought in all S54 Co., The pur-
chasers Of the others were; Mary J. |
Boyd 1902 Girard street: Emily NJ Jone
Girard street: Emil West, 2424 Thir- /
teenth street; Edgar A Coleman, 2426 !
Thirteenth street, and ThekIa Haas, 272S /
Thirteenth street