The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1923-10-27
.CAFR|Tz LIS s
SUCCESSFUL
SALES
Market Shows Steady Trend
on Homes and Investment
Properties.

An examination of the list of sales
appearing below recently made by
| the Norris Cafritz Company, Inc,
discloses the fact that there is still
very substant al investment el"
j ment in the market with cash avail
able to absorb such properties as ap-
| peal to them as being good purchases
and at the same time have q reason
able future. These investors are al
| ways a big asset to the real estate
man, by reason of the fact that they
are continually absorbing the small
bargains which come on the market.
A further examination of the recent
CafritZ transactions also shows that
there is absolutely no falling off in
the demand for good homes well To-
Gated
The firm recently closed a transac-
| ton involving sale of thirty-five
building lots at a cost to the pur-
chaser, Mr.. James Martin, of about
$4,000, who will proceed at once to
| improve these lots with a modern
type of dwelling for homes. These
lots are located alcng Kennedy street
and at Fifth and Longfellow streets
northwest. The operation, when
completed, will practically take up
all of the remaining lots which can
be used for row-house construction
in Brightwood Park.
Another transaction of interest
was the sale of the Griffith farm,
considered by many one of the Iead-
ing show places of Prince Georges
county. The farm comprises 100
acres, with one of the most modern
homes, and an unusually complete
set of outbuildings, which are now
considered a part of every modern
farm equipment. This farm is To-
Gated on the Marlboro pike, just
three miles from the District line.
The purchaser was Mr.. w. C.
Murphy.
James j. Hampton, this company
sold for the Wardman Construction
Company the tapestry brick business
property at 1016 Fourteenth street
northwest, now occupied by the Good
year Tire and Rubber Company.
This property brought 100000.
1744 Columbia road northwest,
which is improved by a three-s5ory
building, occupied by business on the
first floor and apartments above,
was sold for w. r. GiddingS to Nal
rice and Benjamin Kay S)I' about S30-
.Co0. This property is located in that
portion of Mt. Pleasant which is rap
idly changing from residential TO
business property. The purchasers
are holding the property as an in
vestment.
Messrs. Kraisel and Roberts pur-
chased the southeast corner of Sec
ond and G streets northwest. This
property is in the direct line to the
Union Station and contains two
stores and two apartments. The
seller Alice Holloway, was repre-
scented in this deal by Petty and
Petty
Another piece Of business PROPERTY,
the sale of which indicates the inter
est displayed by investors in the sec
ton where New Hampshire avenue
and Georgia avenue meet, was the
transfer of 3648 and 1850 Georgia
avenue. Immediately adjoining the
new Peoples Drug Store and run
ming through to New Hampshire
avenue. This property was sold to
Wolf and Philips from Joseph Vein
stein, who was represented in the
transaction. by the b. F., Saul Com
pany.
DR.. C. J.. Murphy purchased The
three-story apartment facing Lincoln
Park, being 1925 Massachusetts ave-
nue. southeast, containing three
apartments of four rooms and bah
each. The price was about $4,000.
Alfonso Pettinato purchased from
J. H. Holmes premises 325 Min h
street northeast, being a six-room.
and bath. home, with large double
garage. Mr.. PAttinato intends to
hold this as an investment.
1927 Massachusetts. avenue south
east, a beautiful home facing Lincoln
Park, containing nine rooms and
many modern features, including d
cold storage plant, was sold to H.
Curtis Draper for about SIS 900.
Charles J. Selzle purchased 324 AS
cot place northeast from William We
nezky. This is a six-room and bath
house, with built-in garage, and is
located in the recently improved sec
ton of Edgewood.
The new residence at Second and
Claiming streets northeast, built by
this company, was sold to Thomas
h. Bennett. This home contains all
modern improvements.