The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-12-10
CAPITAL REALTY
DRAWS INVESTORS
Sales of Property in Upper
Fourteenth Street Alone
Aggregate 100000.
CALIFORNIAN BUYS
SEVERAL PROPERTIES
Pays $50 800 for Seven Houses in
Oregon Avenue North
west.

Sales Of upper Fourteenth street prop
erty for investments representing a total
outlay Of $4,000 are reported today by
two real estate firms, Heiskell < Nc
Leran. and Gardiner & Dent
At the northwest corner OF Fourteenth
and Clifton streets. the three-stOry
apartment house erected by Harry
Wa-dman last year has been bought by
Mrs Elizabeth J. Miller for $S5.000 This
is the third time within q year that
that apartment house has changed
hands About six weeks ago II was sold
for the same figure, and q few months
prior TO that a purchaser took 1t at
sSs.O10 It is the first Of a row Of apart
nnent houses extending to Euclid street
This sale was made by ". a. Craig, Of
Hetskell-& McLeran.
The second property IS two squares
below this. on the same side OF Four
teenth street and extending from Flor
ida avenue 10 Belmont street. All OF
the brown stone houses facing ninety
seven feet on Fourteenth street from
the corner Of Belmont street, and in
Guiding the house on the corner, 1902
Belmont street, we're sold to P. z.
Neligan for $4,000. TIE property ex-
tends back Is feet to an alley The
houses consist OF three stores and seven
to remodel for business purposes This
sale was made BY Ed Mallet, Of Heiskell
& McLeran-
Third Transaction.
The third Fourteenth street property
10 be sold for investment purposes IS
the three-story store and apartment
building at number 1895, several blocks
70 the south. This was purchased by
D. 3 Barry for Sl5,eo0- The lot is p
b. 40 feet IN size This sale was made
by Gardiner and Dent in connection
with Shannon and LuChS, the latter
representing the owners
A fourth sale in this vicinity recent
Il reported by Gardiner and Dent-the
tvo-stoTy building at 1872 Fourteenth
street, on lot . by 80 feet. for
$1,000
This activity in upper Fourteenth
street realty IN the part Of investment
seekers is interesting at this time FOR
the reason that there have been Few
recent transfers Of that character IN
that vicinity Fourteenth street has
oUghfaTes IN the city, and building has
extended rapidly TO q considerable dis
taECe beyond this point
New Residences Going Up.
Recently there has been movement
70 build I'D more soIdIy for residence
purposes the intervening sections IN
the ueighborhood Of Belmont street
Two large new apartment houses have
5uEt been completed on the east side
Of Fourteenth street, facing on Bel
MORT street, and Charles ". King has
begun the erection of a row of houses
on Florida avenue, extending nearly q
block east from Fourteenth street
Inc old Sherman property at this point
IS rapidly being built up and occupied
by residents, so that investors Calc1-
late a natural need for increased store
property 10 serve the growing com
munity.
While this section has led the invest
rnent transfers Of the week, there were
many purchases for this purpose in
other sections, and the demand for good
Investments In Washington realty has
continued enccuragingly strong to local
brokers
Californian Buys Houses.
Mr.. Craig reports another purchase 10y
an investor, Richard 7. Watts, a Cali
fornia man. Of seven houses. 1742 20 1TJi
Oregon avenue northwest for $500,
$500 each The houses are Of three
stories and contain eleven rooms each.
In addition to this investment Mr.
Watts intends to add another $500 II
improvements on them
The market for good houses for resi-
dence purposes also has continued
strong. Thomas J Fisher & Co, Inc,
sold two OF the houses recently COM
pIeted by John n Henderson on KaIO-
rama road-IS52 and 1854. for S3e.o The
last house was purchased by Mrs Mar
L Schaefer, and the other was taken
nv TYLER & Rutherford for q client The
houses are hiEh-ClaSs residences, and the
strength Of the market for better than
the average houses IS disclosed by the
sale Of two In one week other brokers
also report an active week.